$BTC analysis
Currently btc is coming down we do not consider is as a bearish trend market always move like this after big move some retracement always occured. Financial market doesn't move straight they always move in waves
Support (1)/ 40300
Support (2) 38000
Resistance (1) 45000
Resistance (2) 47000
Long term trend is bullish and short term trend is bearish
If btc break the support of 38k then we can say that the down trend is starting But btc Dominance is really strong and some alts dominance is also increasing means big investors are interested and big whales definitely will buy at strong support
My professional opinion is btc will go up to the 50k and in 2024 btc expected to surpass 60k
