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Date: 2023-08-06 Author: Karina Ziganova Categories: BLOCKCHAIN, IN WORLD
In a new video on YouTube, he announced that the price of bitcoin will rise as long as the $28,000 support level is maintained.
According to Weiss, the price of BTC could rise by about 17% compared to the current level, provided that BTC manages to rise and stay above $ 30,000 for at least several many days.
I'm still optimistic about the market. I think that as long as $28,000 remains in place, we will grow...
We will wait for confirmation, which should come after a steady close above $30,000 for several days in a row, if not the entire week. And then I will have strong confidence that we are ready to rise to $34,000.
An experienced trader calculated that if bitcoin falls below the support level of about $ 28,500, the risk that he will witness further corrections will increase.
If we fall below this diagonal trendline, we will be dangerously close to a swing low, a secondary swing low at $28,500.
If we break this trendline next week, I expect a fall to a secondary low. And as soon as we touch the secondary low, there will be a high probability that this low will be broken.
