Bitcoin continues to drop and is reaching the support level around $8,000.
If price rallies from the support area, we can expect it to reach the resistance around $9,000 followed by the $9,500 flip zone.
If price breaks through the support level, further support comes at around $7,250.
At the moment it's best to wait until some buyers show up and we see some bullish price action before making any trading decisions.
Good Luck,
CryptoTrendline
If price rallies from the support area, we can expect it to reach the resistance around $9,000 followed by the $9,500 flip zone.
If price breaks through the support level, further support comes at around $7,250.
At the moment it's best to wait until some buyers show up and we see some bullish price action before making any trading decisions.
Good Luck,
CryptoTrendline