Price has broken support once again. Now look for price to fall to the following support levels as seen in the chart
Scenario One (Bearish Breakout): Price falls to to $6800.
Scenario Two: Price bound to $7250.
Comment: Price continues to break supports at a very fast pace, that indicates that the market is still bearish on the bitcoin.
Scenario One (Bearish Breakout): Price falls to to $6800.
Scenario Two: Price bound to $7250.
Comment: Price continues to break supports at a very fast pace, that indicates that the market is still bearish on the bitcoin.
Trade active:
Price broke $6800 resistance, look for price to consolidating between $6400 - $6500 area.