Bitcoin
Short

BITCOIN (BTCUSD): Key Levels to Watch This Week ₿

By VasilyTrader
snapshot

So it turned out that Bitcoin broke and closed below a key daily structure support 20700 - 21250.
Now the broken structure turned into a strong resistance.

The next support on focus is 18600 - 19200 area.
The second support on focus is 17550 - 18000 area.

Consider these structures for pullback/breakout trading.

I am very bearish biased on BTC now and I believe that it will keep falling to Support 1.

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Bitcoin (Cryptocurrency)cryptoCryptocurrencycryptotradercryptotradingPivot PointsSupply and DemandSupport and ResistanceXBTUSD
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