Bitcoin chart back at support of $3600 again!!!
We have seen Bitcoin try and break out to the higher targets but sold off heavily around the Ethereum fork yesterday. We are now back at the key support area of $3600 area, if we see price rally from here but find further selling at the $3795 area again then chances are we will see continued selling. If however we see price continue to distribute around these levels we can still see a huge move to the upside to test those higher levels of $4372, $4655 & $4829
The algo hasn't provided a buy signal yet but I'll update according to the algo alerts.
The buy zone was hit @ 3612
The algo hasn't provided a buy signal yet but I'll update according to the algo alerts.
The buy zone was hit @ 3612
Note
If the $3600 - $3612 area doesn't hold then the lower level targets are $3,452 followed by $3,126. These will be come into play if we fail to clear $3795 area with this next bounce.
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