Bitcoin dropped hard on Sunday after a week of consolidation around $7,500.
Price broke below the $7,000 support level convincingly and with high volume.
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
Price broke below the $7,000 support level convincingly and with high volume.
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