Hi guys today's analysis we going to look at what is really going on with BITCOIN is it going down or up?
First case scenario is that Bitcoin going to be continue bearish but when? In the chart we can see that after a strong push to the down side we are having a correction to the upside which can possibly reach my target of 63.5K area sell off to around 53K .
Second scenario if the supply area been broke through which is around 65k-66k we will possibly continue our bull trend but all over again I am over all bearish on BITCOIN which can cause us to buy the dip at lower price.
That is my analysis for today thanks for reading this hope you guys have a good trading week ahead. CHEERS!!
First case scenario is that Bitcoin going to be continue bearish but when? In the chart we can see that after a strong push to the down side we are having a correction to the upside which can possibly reach my target of 63.5K area sell off to around 53K .
Second scenario if the supply area been broke through which is around 65k-66k we will possibly continue our bull trend but all over again I am over all bearish on BITCOIN which can cause us to buy the dip at lower price.
That is my analysis for today thanks for reading this hope you guys have a good trading week ahead. CHEERS!!