Bitcoin has followed the expected pattern and has made its last pump to liquidate all short positions. As a result, the price has experienced a significant drop of $2500, indicating the strength of sellers at these levels. We anticipate a test of the support area in the upcoming days.
First Support Area: $34,700-$35,000
Second Support Area: $33,300-$33,600
Resistance area: $36,000-$37,000 (Remains Same)