Bitcoin / TetherUS

Did Bitcoin fail to break resistance 59000 and return to 55000

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Bitcoin analysis

Bitcoin tried to break resistance at 59,000 and failed to break it until now , there is a possibility to return to support levels of 55,000, Bitcoin must trade above 57,000 to stay in the rising channel .

RSI indicator signals support downtrend to 55000 , if this support break we will see 50,000 as next level . Also 50 moving average see the same think .

General trend: bearish

Be carful Bitcoin buyers ✌️

- this is for educational purpose and not considering financial advice.

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