Failure of the 200MA as support will bring Bitcoin back down to 42.5K and the next level after that will be 39.6K.
Bitcoin has a lot of trend lines to break and it will be an incredible moment when all support levels get broken as Bitcoin could waterfall further down.
Bulls must hold the 47K as support.
RSI: Under the 50% Level (Bearish)
MACD: About to cross Bearish
More power to all your trades, my friends!
Ron
Intrepid_Trader
Bitcoin has a lot of trend lines to break and it will be an incredible moment when all support levels get broken as Bitcoin could waterfall further down.
Bulls must hold the 47K as support.
RSI: Under the 50% Level (Bearish)
MACD: About to cross Bearish
More power to all your trades, my friends!
Ron
Intrepid_Trader
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.