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Bitcoin 1 Hr Market Update
The descending triangle did not hold
Bears are in control for now
Things to watch out for:
Break of support to the next target $ of ~$7500
The 1 Fib is being tested (doesnt seem it will hold though)
RSI and Stoch are oversold so we might see a some buying pressure but not much
Bears are in control for now
Things to watch out for:
Break of support to the next target $ of ~$7500
The 1 Fib is being tested (doesnt seem it will hold though)
RSI and Stoch are oversold so we might see a some buying pressure but not much
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