Bitcoin continues to fall in price. It seems that the bears seriously took up the cryptomarket. We, as always, earn money on the side of the strongest.
Priority of the day: sell BTCUSD with a target of $ 7,800.
The closest support level for Bitcoin is the $ 8000 zone. We expect a small price bounce or a sharp drop in the rate of BTCUSD to $ 7,800 from this zone.
Projected scenarios:
1. We sell BTCUSD from $ 8,300 to $ 8,000, or $ 7,800.
2. Flat in the area of $ 8,300 - $ 8,200 until the end of the day.
An alternative scenario:
The Bitcoin rate can grow from $ 8,200 to $ 8,600.
Priority of the day: sell BTCUSD with a target of $ 7,800.
The closest support level for Bitcoin is the $ 8000 zone. We expect a small price bounce or a sharp drop in the rate of BTCUSD to $ 7,800 from this zone.
Projected scenarios:
1. We sell BTCUSD from $ 8,300 to $ 8,000, or $ 7,800.
2. Flat in the area of $ 8,300 - $ 8,200 until the end of the day.
An alternative scenario:
The Bitcoin rate can grow from $ 8,200 to $ 8,600.