Hello traders, Bitcoin is still under sell-off pressure, now the price should soon adjust towards 40k and then back to 35-32k to finally try to break out of the falling resistance at 37k.
The second option is to continue the decline after failing to hold on to 32-31.5k towards 28k, at this level I would expect consolidations again. It would mean a longer stagnation ahead of us.
The price may not break above 48k until Q4 this year.
Good luck.
The second option is to continue the decline after failing to hold on to 32-31.5k towards 28k, at this level I would expect consolidations again. It would mean a longer stagnation ahead of us.
The price may not break above 48k until Q4 this year.
Good luck.
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