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Mihai_Iacob
Nov 24, 2021 2:52 AM

Bitcoin- Closer and closer to break support Short

Bitcoin / U.S. dollarBitstamp

Description

Yesterday, Bitcoin has dropped slightly under support, just to reverse strongly and make a rally to 58k.
However, this rally was short-lived and is clear that the pressure is to the downside.
I expect a break under 55.5 very soon and after this the road is clear to 52k zone support
Only a daily close above 58k would put a pause to this scenario
Comments
Lingrid
Which SL do you recommend?
Mihai_Iacob
@Lingrid, at this moment my SL is in BE at 60k
yonsfx
Good job
Mihai_Iacob
@yonsfx, thanks
Saif_R
Great!
MadWhale
agree
thx mate
🌹✔
FOREXN1
Thanks , Hope will Grow !
Delta_Forex_
awesome work
ndaniel
On my 12hr chart macd ready to flip upwards and my 144ma holding. Not sure we getting 52's low
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