#BTCUSDT
#Update_9
Bitcoin is moving according to the analysis and no special point can be added to it
As we mentioned in the previous series of analysis, the blue circles were the supports that the bottom of this range of the lower circle worked and stopped the microsho.
We gave an update earlier that with this incident, when the first encounter with the support happened, we mentioned that (link to the previous analysis)
50% of this drop is important and the source of the drop (upper blue circle)
Currently, Bitcoin will be involved in these 2 levels, and as long as the source of the fall is not withdrawn, the correction process will continue in the short term.
Once it gets there, it needs to be checked because the main price ceiling is still in the yellow box and black arrow
So, we went step by step with the market until this moment!
For now, in the short term, if the black number doesn't go up, in the short term, we will be bearish. It's too early to talk about this. We have to wait for the next 8 hours.
Support for a positive reaction can be 56974.27, which is a very short-term level
and finally blue lines at the prices of 54290.79 and 53151.92
good luck
