#BTCUSDT If the trendline 2 resistance is broken, Bitcoin will reach $48,000. And it means the end of Bitcoin's upward trend, $110,000 is the highest price ceiling of Bitcoin. As is clear from the chart, Bitcoin's upward trend has the AB=CD pattern and the loss of the first price support line, and the price is in the hands of the bears with strong power. This is the beginning of the downward trend and the price will attract support line 2 and move towards it.
#BTCUSDT If the trendline 2 resistance is broken, Bitcoin will reach $48,000. And it means the end of Bitcoin's upward trend, $110,000 is the highest price ceiling of Bitcoin. As is clear from the chart, Bitcoin's upward trend has the AB=CD pattern and the loss of the first price support line, and the price is in the hands of the bears with strong power. This is the beginning of the downward trend and the price will attract support line 2 and move towards it.
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