Outstanding trading volume performance for the second month

The cryptocurrency Bitcoin is continuing trading for the second month with great volume in order to lead the market & set confidence among buyers & sellers toward a bullish market uptrend after a one-year downtrend to the lowest reached price at $ 15,476.00 in November 2022, since the last historical higher price which was at $ 69,000.00 in November 2021

( BTC ) is trading now at $ 23,491.61

Actually  (BTC) is facing significant (Resistance flip up to be supported) areas to set its strength between $ 25,250.00 & $ 28,800.00.

Definitely, it’s a very strong area that I hope (BTC) has a good chance of trading to exceed it in order to fly again reaching a higher prices area level as we predicted below.

Our view of the (BTC) performance is fighting a very critical area, So we need to be careful in trading through these risky areas (not beginners advisable) by knowing well how to deal with the support areas.

Overall, we advise buyers to place a stop loss at the suitable support areas depending on your trade time, as breaking these prices leads to another down support area.

As Shown

The Chart Below

Prediction:

Target: to exceed the area of $ 28,800.00 & hit $ 34243.00 with a volume.

Bitcoin digital currency, if the price of $ 21350.00>>(strong support area) is broken, it may create a lower levels

Support & Resistance:

Support: $ 21,350.00 - $ 18,125.00 - $ 15,476.00

Resistance: $ 26,700.00 - $ 32,450.00

Important:

The result depends on our personal Vision which could be right or wrong

 We analyze the past to predict the future.