Bitcoin has indeed rebounded as expected and then started to fall again.
It reached up to $59,500 after touching the resistance line and support line and is now dropping.
It seems like my luck has been good these past few days, as Bitcoin’s movements have matched my predictions.
As the Bitcoin price falls, interest seems to be waning, and more people are trying to predict where the next rise or fall will happen.
Both the weekly and daily charts have been down for a while. It will be important to catch the rebound intervals correctly.
However, if we predict by tomorrow, it seems it will undergo some sideways movement. After a significant drop and a mild rebound, it will fall again, but it seems it will need some time before it can drop suddenly.
The price prediction for the next 24 hours is sideways movement.
It would be wise to predict the next movement after this sideways phase.
To find patterns in the chart, you need to look at the latest charts and identify any regularities.
People’s preference for Bitcoin has also changed by more than 30%, and the transaction execution strength has decreased.
There might be a need for the transaction strength to increase again, but if the trend weakens, it seems correct to expect this trend to continue.