Bitcoin 11.04.2022 for BITSTAMP:BTCUSD by EXCAVO

Bitcoin is moving in an ascending channel that is the bear flag in a downtrend. Shortly, I expect a price correction to the support line and premium Fibonacci levels around 0,705. The average BTC purchase price of many large funds is around these levels. I think we will grow up to the 50-52K zone in May, and by the summer it will go for a correction to 30K. Best regards, EXCAVO