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Mihai_Iacob

Will Bitcoin break support?

Short
Bitcoin (COINBASE:BTCUSD)  
Mihai_Iacob  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators BTCUSD BTCUSDT btcusdshort btcusdforecast btcusdanalysis btcusdidea Bitcoin (Cryptocurrency) bitcoinforecast bitcoinanalysis
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trendanalysis chartpattern indicator btcusd btcusdt btcusdshort btcusdforecast btcusdanalysis btcusdidea bitcoin bitcoinforecast bitcoinanalysis
Yesterday was an interesting day for Bitcoin and after making an intraday low at 56.500, the price has recovered quickly and raised to 60k zone.
This zone proved once again to be a strong ceiling and BtcUsd has started to fall after and tested 55700 now support.
I'm strongly bearish as long as the price is under 60k and I expect the newly formed support to fall.
My target remains 52k

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