Bitcoin, Watch Out For The Drop (Where To Next?)

30 Nis 2020

Bitcoin (BTCUSD) can easily start dropping now after hitting ~$9500, watch out for the drop.

The peak now stands at $9441.9 BTCUSD Bitfinex, any trading below this level and BTCUSD can easily move lower.

Prices can test EMA10 first at $7881 if Bitcoin starts to drop.
The daily candle is still active so these are early signals.

Here we look at Bitcoin on a short-term timeframe, 4H, if you want additional details as well as the support levels:

Thanks a lot for reading.

Namaste.