Bitcoin has broken its key support level of 6212.36.
It may now retrace to retest its broken support which is a good short entry point.
Hence, we expect the pair to move to its next support levels at 6124 and 6011 from here.
It may now retrace to retest its broken support which is a good short entry point.
Hence, we expect the pair to move to its next support levels at 6124 and 6011 from here.
Trade closed: target reached