TradingView
UnknownUnicorn15216778
May 25, 2021 11:10 PM

Bitcoin is having a hard time. Analysis of the current situation 

Bitcoin / U.S. dollarBitstamp

Description

I have tried to describe it in detail.
Time will show what's next for the cryptocurrency market.
Comments
jgd30517
Thank you! Sounds like it could go up or down here. Watching head and shoulders on smaller scale forming one direction and then next.
Durbtrade
Nice work. Interesting indicators... thankyou for posting this!
UnknownUnicorn15216778
@Durbtrade, thank you for your kind comment. Best wishes!
cedevita
what u think about 20k revisit?
UnknownUnicorn15216778
@cedevita, I have to admit that you surprised me with this comment, because yesterday while analyzing this chart I added 20k support and then removed it. In my opinion, a drop to 20k is very likely if the volume continues to decline. Whenever BTC goes down, it goes very low.
cedevita
@patrykoo, we got a gap on 25k soo a wick to 20k is possible and then new ath eoy
More