Short

Bitcoin Looks Bearish In Long Term

Updated

Gann Square shows us that bitcoin has made an increase in each curve support and then recorded a sharp decrease when it goes out of the curve.

This decrease can also be confirmed by the "Stock Rsi" and "RSI" indicator.

According to Fibonacci Retracement our first support $8680, second support which is strong $7270, third $6180, fourth $5050 and last one which is strongest $3500

(I'm not professional analyst, trader or something like that and this is not an investment advice. Please make your investment decisions yourself.)

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