$BTC #BTC

According to the attached model, on a frame of 8 hours and over a period of two full months

We notice Bitcoin rebounding from very important support areas on the downtrend, starting with the rebound from the 43,000 area, then the rebound from the $51,000 area, then finally, how many days ago, it rebounded twice in a row, the first time at $60,700 and the second from $62,000.

Now we are at a very decisive point, as for the decline and touching the trend for the last time at the support of $66,700, then the rebound.

Or continue the rise from this breaking point and rise from the current point and reach a new peak that exceeds $75,000.

In any case, we see that whether the correction takes place or the rise is completed, we are in a narrow, cross-sectional area, and in the end we will see a new peak soon.

However, beware of market treachery and always secure your trades by placing a stop loss in general on all your trades.

Good luck, God willing, all of us