Bitcoin is dropping really strongly and is approaching major support at 9109 (Multiple , horizontal overlap support, ) and a strong bounce could occur at this level to push price up to at least 11772 resistance ( , horizontal swing high resistance).
(34,5,3) is seeing major support at 7.2% and a corresponding bounce could occur at this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
This analysis is provided as general market commentary and does not constitute investment advice.