51k: more to the downside expected. Short

Bitcoin / DollarBitfinex

Description

⋅ Mar 25, 2021 4:32 PM

Very important 53k support level has been broken, more to the downside expected.
Only above 57k the price can return to the 60k. Temporarily.

Trend Analysis Wave Analysis

Comments

Toni-Si

⋅ Mar 25, 2021 6:15 PM

Right now BTC bounced up from daily MA50, since this line was untouched for more than 2months I think we can expect at least short term bounce, and perhaps next week the price goes lower. Just my opinion :)