Bitcoin || Technical AnalysisE
Every bear market nagrarally sa 30-75% for every drop from it's ath. 28k - 30
K is the possible support since RSI for BTC is 21.32, means bearish and oversold. Anyways, last december meron binance closure si Singapore na mangyayari ngayong January 2022 then Russia ban. Since mayroong crypto adaption hindi naman siguro tatagal ng 1 year ang bear market. Possible drop around 28k if ma-break, mas mababa pa ang pwedeng ibaba. Then if magkaroon ng rejection possible stable or go for new ath.
Peace out!
K is the possible support since RSI for BTC is 21.32, means bearish and oversold. Anyways, last december meron binance closure si Singapore na mangyayari ngayong January 2022 then Russia ban. Since mayroong crypto adaption hindi naman siguro tatagal ng 1 year ang bear market. Possible drop around 28k if ma-break, mas mababa pa ang pwedeng ibaba. Then if magkaroon ng rejection possible stable or go for new ath.Peace out!
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.