The trader https://gagarin.news/news/china-is-testing-cbdc-in-the-public-transport-system/ spoke about the probability of bitcoin bought

Forecasts of financial markets are the private opinion of their authors. The current analysis is not a guide to trade. FORKLOG is not responsible for the results of the work that may arise when using trade recommendations from the presented reviews.

A practicing trader and founder of the Crypto Shaman project Vadim Shovkun talks about the current situation on the market.

According to the past review, Bitcoin went aside $ 20,000. It took a little more time, the price went to Flate for a long time, but the weakness in the first cryptocurrency still worked out itself.

At the moment, Bitcoin continues to move in the ascending channel. But the asset began to fall quickly enough with its upper border, which, as a rule, does not lead to instant punch.

The lower boundary of the channel just intersects with POC, which the price should also “feel”. The fact that she began to meet resistance is evident by increased volumes.

The cancellation point is very important here. If Bitcoin is fixed on a four-hour timframe below $ 20,700, then the breakdown of the ascending channel and POC can be called “true” and expectations will be built in favor of a decrease of $ 18,000- $ 19,000.

At the moment, you can expect a microflet with attempts to return to $ 23,400.

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