BTC - Price At Major Support - Watch Out For The Break

Bitcoin has fallen from the $11700 level as anticipated and was able to break that $9000 structural support level . Price has now broken and closed under the 200 day simple moving average , which confirms a weak market and further downside potential. The descending trend-channel target is $5000 and is still valid. Now price has a major decision to make, we are re-testing the bottom of the ascending trend channel from last year that price has continually respected. I'm not so confident price will be able to respect the channel this time, and a break down here will be a major signal for a continuation of the bear market.

This was my idea from the last time we tested this channel just over a month ago:

首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 價格 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表解決方案 尋求幫助 功能請求 部落格 & 新聞 常見問題 維基 推特
概述 個人資料設定 賬戶和賬單 尋求幫助 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出