Bitcoin ( BTC ) Analysis

The cryptocurrency Bitcoin is continuing to trade in a downtrend since the last historical higher price was at $ 69000.00 on 1/11/2021

( BTC ) is trading now at $ 31763.69 Which means that (BTC) is facing a great support area to test its strength which is at $ 28800, it’s a very strong support area that I hope to be the point of flying again to reach $ 69000 in order to exceed $ 100 000.

Our view of the (BTC) performance is swimming over a very critical area, So we need to be careful in trading through this risky area by knowing well how to deal with the support areas.

Otherwise (BTC) is trading with a very good daily volume, and we do appreciate this area at the moment which probably couldn’t come again in the future. 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 in The Chart Below Prediction:


Target: to hit & exceed $ 34243.00 with a volume. Bitcoin digital currency, if the price of $ 28130.00>>(strong support area) is broken, it may create a lower levels

Support & Resistance: Support: $ 29730.00 - $ 28130.00 - $ 25700.00

Resistance: $ 34243.00

Important: The result depends on our personal Vision which could be right or wrong We analyze the past to predict the future.

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Ayman Khalil
Ayman Khalil

Cryptocurrency Analyst

CryptoCurrencies Analyst
CryptoCurrencies Analyst

Hello, Everybody Here is Ayman wishing you all the Best of luck in trading many more cryptocurrencies with pieces of Advice to handle them Very Easy & Earn more money.

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