Bitcoin is the best choice to look at the weekly chart, from the high of 52,000 in 21, to the high of 48,000 in 22, to the current high of 32,000. A trend resistance line is formed.

The 22-year low of 17500-15000 is 61.8% support. I have to say whether the current rebound is an oversold rebound is worth discussing.

The medium and long term, that is, from the low point of this round of rebound to the current high point, also has support, and the long term is better than the medium and long term. A support trend line meets a resistance trend line. The trend line of a large cycle has been used as a strong basis for judgment.

At least in the medium and long term, the price of Bitcoin is about to make a decisive decision. Will it hit the previous high of 32,000 or 28,000 again? There will be a definition.

The average buying price of BN in this round is 26100, which can basically withstand tests and corrections. #BTC $BTC