BitcoinShort
Bitcoin Long-Term Analayse
Updated
Simple explanation:
After loosing Bullish Momentum , right now is in bearish trend.
I have predicted thish price drop last week and I have published it in Threads.
And now....
Loosing [25000-25600] will drive BTC toward [22000-22600] and after that [19700-20600]
In opposite side for confirming a bullish trend breaking [31500--31900] is necessary.
Maybe later there will be a fresh and lower confirmation .
Patience is the only matter...
After loosing Bullish Momentum , right now is in bearish trend.
I have predicted thish price drop last week and I have published it in Threads.
And now....
Loosing [25000-25600] will drive BTC toward [22000-22600] and after that [19700-20600]
In opposite side for confirming a bullish trend breaking [31500--31900] is necessary.
Maybe later there will be a fresh and lower confirmation .
Patience is the only matter...
Note
I am sorry .Numbers have not be written in my text . But chart is clear . I wish everybody understand it...Note
Price has broken previous Support (25000).It can go further down to 22000 area.
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.