Bitcoin price prediction for short term

Jan 13, 2021

possible scenario for bitcoin in the downtrend. The trend line which starts from 10k has acted as a strong support for bitcoin. It has rebounded multiple times from the trendline. It comes at around 25k for btc and final price to which it can dip looks like 22k. If you look at left, the purple rectangle is where btc stabilised after peaking at 14k back in may and then btc dominance dropped and alt season began.