Our forecast for a bounce of Bitcoin rate to $ 6400 did not come true: bears continue their feast on the crypto market.
Priority of the day: sell BTCUSD with a target of $ 5500.
The bearish trend of Bitcoin is in force. Judging from the current Bitcoin situation, we can say that the reversal level for bulls is $ 7000. While Bitcoin's rate is rapidly renewing its lows it is a downtrend.
We will search for the entry point to Bitcoin's sale only after it is rolled back up; nearest zone: $ 6300 - $ 6100.
Projected scenarios:
1. The rate of BTCUSD will drop from $ 6000 to $ 5500.
2. The rate of BTCUSD will be in flat.
An alternative scenario:
While the strength of the bears is obvious, the backup plan remains the same - the growth of Bitcoin to the reversal level of $ 7000.
Priority of the day: sell BTCUSD with a target of $ 5500.
The bearish trend of Bitcoin is in force. Judging from the current Bitcoin situation, we can say that the reversal level for bulls is $ 7000. While Bitcoin's rate is rapidly renewing its lows it is a downtrend.
We will search for the entry point to Bitcoin's sale only after it is rolled back up; nearest zone: $ 6300 - $ 6100.
Projected scenarios:
1. The rate of BTCUSD will drop from $ 6000 to $ 5500.
2. The rate of BTCUSD will be in flat.
An alternative scenario:
While the strength of the bears is obvious, the backup plan remains the same - the growth of Bitcoin to the reversal level of $ 7000.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.