Should we be worried? #Bitcoin
In the daily time frame, #BTCUSD recently breached the critical 70K support level.
Additionally, we observe a bearish crossover in the MACD indicator, with the histogram diving below the zero line.
This prompts the question: should we be concerned?
The next crucial support levels, as per Fibonacci retracement levels, lie at 56900 and 52800.
Monitoring closely for potential trend continuation or reversal. #Bitcoin
Additionally, we observe a bearish crossover in the MACD indicator, with the histogram diving below the zero line.
This prompts the question: should we be concerned?
The next crucial support levels, as per Fibonacci retracement levels, lie at 56900 and 52800.
Monitoring closely for potential trend continuation or reversal. #Bitcoin
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