With the current Bitcoin price data, we can now answer the final questions from last week’s set.
As the price has retested the parallel price channel of the double top pattern, and with full support for the downward trend of the price channel, we can confidently follow the main downward trend with minimal risk.
The target for Bitcoin’s price is around the support level of 60,100.
And always remember, even if everything seems perfect, there are always blind spots we cannot anticipate. Therefore, strictly adhering to self-discipline and risk management rules will always be the stepping stones to a prosperous and happy life.
We wish investors smart and effective investment strategies! Stay tuned for the next Bitcoin price updates.
By Pham Thanh Bien
