A rejection in BTC was imminent because BTC failed to break above the 
25K resistance level. The current price is crashing toward the $22.3k to $22.7k support zone. The ultimate crashing level for BTC will be $21.8k to $22k. If BTC breaks down below this support level then the entire market will go bearish again. As per the RSI and other indicators, BTC should bounce back after a few days of rejection.
If you wish to long BTC then the price range between $21.8k to $22.3k will be a safe entry. Please DYOR before investing.
More updates coming in. Thank you for reading.
25K resistance level. The current price is crashing toward the $22.3k to $22.7k support zone. The ultimate crashing level for BTC will be $21.8k to $22k. If BTC breaks down below this support level then the entire market will go bearish again. As per the RSI and other indicators, BTC should bounce back after a few days of rejection. If you wish to long BTC then the price range between $21.8k to $22.3k will be a safe entry. Please DYOR before investing.
More updates coming in. Thank you for reading.
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Related publications
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.