HelenP. I Bitcoin can correct to trend line and start move up

Hi folks today I'm prepared for you Bitcoin analytics. In this chart, we can observe how the price developed a gradual upward trend, respecting the trend line as dynamic support multiple times. After each interaction with this line, the price showed a consistent pattern of rebounding and continuing its upward movement. Recently, the price faced a notable correction, which pushed it back toward this trend line once again, a critical zone that has proven its relevance as a support area. Upon touching the line, the market reacted with a bounce, signaling that buyers are still active and defending the structure. The price began to climb again, regaining some momentum, though it hasn’t yet managed to break the previous highs. Now BTCUSD is hovering near the ascending trend line, preparing for what could be another retest. If the trend holds, we may see a short-term decline toward this line, followed by a bullish rebound. I expect the price to push higher from this level, targeting the resistance zone near 108300, which also acted as a rejection area in the past. If you like my analytics you may support me with your like/comment ❤️

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Price made correction to trend line. After this, I think that can little decline more and then start to grow.

FirstNameHelen

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FirstNameHelen

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