Bitcoin Short Term Setup

By EmpowerTrader
Price is still trading in a downward trend. Bitcoin will have to hold above 50000 for more buyers to jump in. On the support side, the major support levels to look out for are 42000 and 40500. I would defiantly consider accumulating if bitcoin trades below 42000.
Bitcoin (Cryptocurrency)BTCBTCUSDBTCUSDTChart PatternscryptoCryptocurrencyHarmonic PatternsnasdaqnxdSPX (S&P 500 Index)Trend Analysis
EmpowerTrader

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