BTC is still moving in the local flat zone. It couldn't brake through the level of 35000. Too much sellers appear in this zone. Some more FUD from China is also pulling BTC down today.
So what do we have and what to expect soon?
Technically, we can see that BTC has braked both H1 and H4 downtrend lines few times. So here we can speak about an effort to build a new H1 uptrend line. And this is a good signal to buy BTC.
We expect some more correction and a bounce from the major support zones of 31000 - 29000 soon.
So what do we have and what to expect soon?
Technically, we can see that BTC has braked both H1 and H4 downtrend lines few times. So here we can speak about an effort to build a new H1 uptrend line. And this is a good signal to buy BTC.
We expect some more correction and a bounce from the major support zones of 31000 - 29000 soon.
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