BTCUSD , 4H
Bears are currently in control and further descending Bitcoin subsidies and good entry areas are between 19700/22000 thousand dollars.
The price is flowing inside a sharp downward channel on the 4 hour chart.
This is our current update and our view of the direction of Bitcoin's path.
The marketcp.btc continued downtrend is confirmed
Still on the decline and trading below 770/700 billion dollars which is a fierce resistance.
It is support area for marketcap.btc 486/557 billion.
So the selling outlook and more bleeding in the currency market ....
@scalpingswingtrade
Bears are currently in control and further descending Bitcoin subsidies and good entry areas are between 19700/22000 thousand dollars.
The price is flowing inside a sharp downward channel on the 4 hour chart.
This is our current update and our view of the direction of Bitcoin's path.
The marketcp.btc continued downtrend is confirmed
Still on the decline and trading below 770/700 billion dollars which is a fierce resistance.
It is support area for marketcap.btc 486/557 billion.
So the selling outlook and more bleeding in the currency market ....
@scalpingswingtrade