Bitcoin falls back after touching 25k, a speedy recovery is expected

Hello friends, bitcoin price over the course of the last 7 days has crashed several times reaching 25k and found strong resistance at 24.8k, bitcoin tried to break the 25k barrier but every time it tried to break that mark it failed Some experts say that there will be some movements in the short term.

In the last 7 days, bitcoin has managed to break the 24k barrier but found strong resistance at 25k where it had a considerable setback and that caused many users who bet on the rise to have their accounts liquidated.

Bitcoin, despite the sharp fall, many traders are optimistic and expect a strong rise in the next few days, currently bitcoin is around 23.6k dollars, achieving strong resistance so as not to continue falling.

In my opinion, I think that this is a good opportunity to buy since these types of corrections always tend to change to the upside and that is what many professional traders expect.

I do not rule out that the price drops a little more than the current price and reaches 23k, that is where many traders will take the opportunity to make a long position, waiting again for the rise to 25k, which is what is expected.

In the data from coinmarketcap, bitcoin has increased a volume of 8% compared to what was registered in the previous period. This is due to the biggest downward movement in the sale of bitcoin in the market, but as I said before, many traders expect the upward movement again.

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