Bitcoin continues to drop and is now closing in on the support area around $8,000.
If price reacts from the support level, we can see a rally up to the $9,000 resistance level, where we can expect a reaction.
If price breaks through support, further support comes at around $7,200.
It's possible that price will keep ranging in the coming days and this range will most likely be between $8,000 and $9,000.
Good Luck,
CryptoTrendline
If price reacts from the support level, we can see a rally up to the $9,000 resistance level, where we can expect a reaction.
If price breaks through support, further support comes at around $7,200.
It's possible that price will keep ranging in the coming days and this range will most likely be between $8,000 and $9,000.
Good Luck,
CryptoTrendline