BITCOIN - where next - more downside to come then a bounce?
29,000 is offering some support for BITCOIN.
Whether this level of support is enough to see the BULLS return we shall have to wait and see.
Not far under the current level is the 200 day exponential moving average at 25,300.
This has a good chance of offering support to the asset.
Should this level fail, the next support level comes in at 19800.
There isn't any significant support under this level so BTC could be in real trouble if it falls past this level.
Its in the lap of gods.
I don't see any change to the picture any time soon so we all sit and wait to see what happens.
Whether this level of support is enough to see the BULLS return we shall have to wait and see.
Not far under the current level is the 200 day exponential moving average at 25,300.
This has a good chance of offering support to the asset.
Should this level fail, the next support level comes in at 19800.
There isn't any significant support under this level so BTC could be in real trouble if it falls past this level.
Its in the lap of gods.
I don't see any change to the picture any time soon so we all sit and wait to see what happens.
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