Bitcoin- will this be the week?
Updated
As I said in my previous analysis, it is clear for me from, watching the price evolution, that bulls are very weak when it comes to crypto market.
In Bitcoin's case, every rally was considered a good opportunity for sellers and I expect bitcoin to fall further.
Last week was a range trading one with price congesting and congesting.
A break under support looks unavoidable at this moment and Stop Losses under 30k should lead to acceleration.
20k is still my medium-term target with interim support at 25k
Only strong buying power and BtcUsd above 35k would change my opinion
In Bitcoin's case, every rally was considered a good opportunity for sellers and I expect bitcoin to fall further.
Last week was a range trading one with price congesting and congesting.
A break under support looks unavoidable at this moment and Stop Losses under 30k should lead to acceleration.
20k is still my medium-term target with interim support at 25k
Only strong buying power and BtcUsd above 35k would change my opinion
Note
Btcusd under 30k, a daily close near 29 should accelerate losses
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t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Bust your trading with 50% deposit bonus:
secure.m4markets.com/links/go/5426
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