It seems that a new bearish wave is brewing in the BTC after the start of the Asian session, the price is moving at this moment in $ 6,591 with supports in $ 6,560 / 50 and has crossed dangerously the EMAs of 200-100-50 in this 1H chart. The crossing of the EMA-100 marks a possible short entry with target at $ 6,405. Bithumb, one of the largest cryptocurrency exchanges in Asia was hacked and more than 30 million were stolen and the reaction of the BTC has not started yet, interesting trading day.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.