Bitcoin

#BTC/USD Update

#BTC/USD

#Bitcoin broke its 34800$ area support zone and formed a symmetrical triangle pattern after this dump exactly to lower trend line of the pattern.
If BTC breaks this pattern and 30000$ area supports, It will dump hard to lower supports at 28000$ and 24000$ or even more...

Technically, we are rather bearish, even though the MACD has still not crossed downwards. On a 4-hour time frame, the indicators are negative

The actual volume is a positive sign but we were very slightly in last season.

Disclaimer