welcome everybody
I hope you are fine
Today we will try to find out the next direction for the price of Bitcoin
We noticed a great similarity between the price movement in the 12,000 and 10,000 areas and the current price areas as shown in the analysis
I had seen this similarity before, but I did not want to spread it until I see whether the price will maintain the support of 29,000 first, and so far the bulls are gathering in this place significantly
If the bulls maintain this area, prepare for a new launch of Bitcoin. This may take a period of time, so do not be in a hurry.
This scenario is canceled if the price falls below the purple line, let's see what will happen in the coming weeks
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good luck