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We continue working hard from the offices of Bitcoincash House Barquisimeto and yesterday we decided to capture the statistical graphs of bitcoin core in order to have a broader picture of what has happened with bitcoin in the last 72 hours and in this way be in a position to make some predictions through our analysis, since through the constant study and analysis both fundamental and technical of what has been happening with the bitcoin core and what will be its next behavior according to its indicators.
According to our estimates we can say that its falls have not been due to the structure of the chart but to the big news previously known as those of Elon Musk (you can find more information on the subject in the previous publication) which have influenced and affected its ups and downs due to the fundamental analysis performed on it.
Therefore we can conclude that for a bitcoin recovery it will need to reach a price above $43,000 so that with this, being a floor price, it can recover in the next four months and possibly reach over $80,000 within the estimated time frame.
This is a difficult way to explain to new users what Bitcoin is, then I will make a graph of Bitcoin Cash to observe the differences, and thus establish the advantages and differences.
We are in Venezuela doing this work with love, we will be improving until we have a 60 inch digital TV ajajajajajajaj