Bitcoin now testing suppot area $36400/$36500 after bear take control.
We have two scenarios:
Scenario A: Bitcoin loses support in this region and could test $35,500/$35,000 to continue its long-term uptrend.
Scenario B: Bulls take control and could continue to be traded sideways.
Tomorrow we will have important data that will give volatility to Bitcoin. We will wait for the release to open positions. Do you see another scenario? Let us know in the comments.
We have two scenarios:
Scenario A: Bitcoin loses support in this region and could test $35,500/$35,000 to continue its long-term uptrend.
Scenario B: Bulls take control and could continue to be traded sideways.
Tomorrow we will have important data that will give volatility to Bitcoin. We will wait for the release to open positions. Do you see another scenario? Let us know in the comments.