@BOMBERuss 23 November 2021 more from that month

For most of the weekend, the mood of analysts could be expressed with a simple phrase: "It could have been worse." After reaching a low of $55,600, bitcoin rose slightly, and on Saturday it was even able to reach $60,000. But it failed to gain a foothold there, which did not prevent the asset from making another attempt to rise to $60,000 before it collapsed again. Monday did not bring good news for crypto and bitcoin was trading at $57,000, clearly indicating that the $60,000 mark had turned from a support level into a resistance level. Popular trader Pentoshi summarized: to continue the bullish rally, bitcoin needs to return $61,000 dollars as a support level. Despite all the disappointments associated with the correction of bitcoin, experienced analysts do not panic — short timeframes can paint a completely different picture of the state of the market compared to longer ones, and it is they who should be looked at. "Almost to the day with a difference of 4 years. The year 2021 since July is still 5-8 days behind 2017," explains the TechDev analyst, pointing out that bitcoin not only repeated its 2017 movements this year, but also practically copied the time frame for each phase of its bull market. If the situation continues to develop in the same spirit, then we are waiting for new record highs, an order of magnitude higher than the records of 2017. The nature of the RSI change in 2021 corresponds to what was observed in 2017. Top Gainers now: #CryptoTrading