Suspected Bearish Movement continuation
From the view if the BTCUSD chart on a 4H , There is a tendency for price to fall below the current price of 51749 to about 47109 and probably further to 43091.
The current support level on fib retracement extension is currently holding at 50263, if broken we might encounter 47109.
If prices rises from the support level, we push to 54693 and further.
I advice to observe till next week before making a move on Bitcoin.
Although the asset might go bullish.
The current support level on fib retracement extension is currently holding at 50263, if broken we might encounter 47109.
If prices rises from the support level, we push to 54693 and further.
I advice to observe till next week before making a move on Bitcoin.
Although the asset might go bullish.
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