The Bitcoin price continues to follow the trend of the year and the ongoing trend from last week’s update. The downward trend is showing signs of slowing down, and the price is preparing for a recovery towards the resistance convergence zone at 44454. After recovering to the upper resistance zone, the price is expected to continue its downward trend towards the supportive convergence zone below at 32965, 37095 (following the A-B-C corrective wave structure).
Always remember to adhere to strict capital management rules to minimize the risk and achieve consistent profits from the market.
Wishing all investors to have intelligent and successful investment strategies!
Stay tuned for the next Bitcoin price updates.
By. Pham Thanh Bien
