Greetings to everyone
In my personal opinion, this is the bottom of the corrective Bitcoin as it reaches the bottom of the historical price channel for Bitcoin (orange) and the MACD indicator reaches its designated bottom for more than three months ago. Work continues on Sultanochart without interruption, despite the lack of writing and updates, as shown in the figure.
In general, this statement is validated by two conditions: bullish and bearish.
In the case of continued decline, a daily candle opens below the resistance of $77303 after exiting the historical price channel for Bitcoin (orange).
In the event of a trend reversal and return to the upward phases, it starts by opening a daily candle 🕯️ above the resistance of $84220, and waiting for a 4-hour candle 🕯️ ⏰ to stabilize above the areas of $86900-$88200 during this week until Friday.
However, the confirmation ✅ of the real upward movement and its sustainability lies only in opening a daily candle above the resistance of $91137.