How are you? By Allah's grace, I'm doing very well.

Currently, if we look at Altcoins, we can see that they are pumping quite a bit, although Bitcoin is dumping, but some Altcoins are still pumping. First of all, we have to do a technical analysis of Bitcoin, because everything in the market depends on Bitcoin.

The current price of Bitcoin is $ 103,000 and Bitcoin is supporting a trend line quite well here. If Bitcoin comes down from this trend line, see, this is the crypto market, the market goes up and down depending on one news. For example, if a tariff war starts between China and America, then any kind of technical analysis will not work, the market will go straight down. Again, if there is no such bad news, then technical analysis will work well in the market. So, I am currently putting the bad news aside and discussing technical analysis. Since Bitcoin has been in a good pump at the moment but is currently undergoing a correction, now we have to keep one thing in mind, that is since Bitcoin is currently coming down little by little, how much lower can Bitcoin go? Here I have drawn a trend line, see if Bitcoin goes down here, it can go down to $102,000 because Bitcoin has a strong support at $102,000. Again, Bitcoin has repeatedly taken its support in the past, for the past two days, Bitcoin has been rising again from the $102,000 support. Bitcoin can go down again, especially since there is a support here, there is a trend line above it, if Bitcoin goes down and follows the trend line and goes up, then there will be a big bullish sign for Bitcoin. After all these things, Bitcoin will go to cross its all time high and to cross the all time high, Bitcoin will face a resistance zone of $105,000. And if the lower trend line breaks, then the price of Bitcoin can reach 97 thousand dollars, in my opinion, Bitcoin can reach 97 thousand dollars, but hopefully Bitcoin will bounce back from 97 thousand dollars again. So, in a few days, we can say where Bitcoin will go, if Bitcoin breaks 97 thousand and continues to go down, then there will be less chance of a bull run coming soon, I am not saying this with 100% certainty, but it will be more likely. For now, stay away from long term investment, wait for a few days, I hope you will get the answer, there is always volatility in the crypto market, so think carefully and take steps according to your own risk.

Today's discussion concludes here. I hope you've found it interesting. Please share your thoughts on today's topic. Prayers for everyone. May everyone be well. Amen.