Hello all,
Here was the chart of yesterday :
Here is the current chart :
Here is a long term view :
As you can see, I added you the next support line in red. This line in red is corresponding to the previous low around 6000$. I think the market want go test that support line again.
Does it mean that we will break it? No, I don't think. The Bitcoin is oversold currently and I don't think we will have immediately the volume needed to break that line. I'm more thinking that we will use that support line to start a nice bounce.
I wish you massive profits,
Cryptopassion.io
Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
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