After the collapse of quotations due to the mass sale, the bitcoin exchange rate went flat and does not show directional dynamics. Let's look at the priority movement scenario for the coming weeks and find out: is it worth waiting for a new price maximum this year? Is it worth to use bitcoin mixer?

The upward structure of the trend movement on the daily timeframe is not broken. Despite the impulse sale, the quotes are still in an uptrend, so you should not worry about global prospects at the moment.

The price of breaking the uptrend structure is at $39,550. Only in case of consolidation under this level, it will be possible to talk about a complete change in market sentiment from bullish to bearish.

Most likely, in the next month, the bitcoin exchange rate will show an upward movement. This is due to the fact that the first cryptocurrency tested the volume zone of the value of $ 50,150 — $44,250. The expectation from such formations is based on the continuation of the global trend.

We can see the continuation either through the formation of a proto-trade within the allocated cost zone with a further exit higher, or through non-stop growth in the presence of an aggressive buyer.

It is too optimistic to talk about updating the highs this year, but we can quite approach them. To do this, you need to go through a cascade of strong resistance levels: $54 350, $56 900, $59 650, $61 000 and $64,300.