Bitcoin has been consolidating around the $6,500 support level after Sunday's drop.
There was almost no change in price throughout Monday, so the possible scenarios remain the same.
If price continues to drop, we can expect a potential reaction from the $6000 support level and possibly a further drop.
If price starts to rally from the current support area , we can expect a reaction from the $7,000 resistance first.
Good Luck,
CryptoTrendline
There was almost no change in price throughout Monday, so the possible scenarios remain the same.
If price continues to drop, we can expect a potential reaction from the $6000 support level and possibly a further drop.
If price starts to rally from the current support area , we can expect a reaction from the $7,000 resistance first.
Good Luck,
CryptoTrendline