Hi guys, let's review the current situation on Bitcoin.
Recently Bitcoin lost over $3000 in price just in one day. After trading in a narrow price range for few weeks and unsuccessful attemt to break 30k level Bitcoin as expeted dropped under 29k first and then up to 25k.
Last time when Bitcoin dropped to 25k it rose up to 31k but I doubt that something similar will happen this time. It's more likely that there will be some correction probably up to 27500 and after that Bitcoin will drop again.
What's your thoughts on Bitcoin price? Share in the comments below.
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Many thanks.
Recently Bitcoin lost over $3000 in price just in one day. After trading in a narrow price range for few weeks and unsuccessful attemt to break 30k level Bitcoin as expeted dropped under 29k first and then up to 25k.
Last time when Bitcoin dropped to 25k it rose up to 31k but I doubt that something similar will happen this time. It's more likely that there will be some correction probably up to 27500 and after that Bitcoin will drop again.
What's your thoughts on Bitcoin price? Share in the comments below.
If this post is useful to you, you can support me with like/boost and leave comments below.
Many thanks.
Note
Bitcoin continue to trade between 25200 and 26800 unable to break both sides. The more likely scenario is that BTC will try to break 27k before drop to 25k.I don't expect any significant growth on Bitcoin but don't expect breaking 25k either.
Note
Bitcoin failed to rise to 27k and now again dropped under 26k. There is possibilty that it will test 25k in coming days but first need to see how daily candle will close. If it closes under 26k then we can expect 25k very soon.
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✅ FYBIT exchange. I recommend. No KYC, available in all countries. fybit.com/Account/Register/OMNP5
🔥 My Twitter - x.com/Real_CryptoRoy
▶️ Telegram - t.me/Real_CryptoRoy
🔥 My Twitter - x.com/Real_CryptoRoy
▶️ Telegram - t.me/Real_CryptoRoy
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.