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Technical analysis by MrBrunoBang-Christensen about Symbol BTC on 2/7/2022

https://sahmeto.com/message/3360839

Strong buy: Bitcoin reach 42169$

Neutral
Price at Publish Time:
$44,365.31
،Technical،MrBrunoBang-Christensen

My analysis reflects a positive fluctuation (target 3411.55). The analysis consists of these 8 different levels. A support level (fluctuation level) of 39713.89, support level 45543.36 and a stronger support level of 35484.41 A resistance level of 43482.73, a resistance level of 44485.88, a resistance of 47087.07 and a stronger resistance of 48549.73, and finally a target of 52067.31 I have positioned my purchases at these support levels as both levels are extremely strong. The ongoing price declines have been due to the fact that bitcoin has been through a hefty hardship, which has led to an all-coin crash. I do not think we have reached a bottom, but a position at one of these support levels can ensure a positive return when the crypto market turns around.

Source Message: TradingView
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