I still think Bitcoin will go down further.
Already dropped to the lower limit of the channel, now will test previous support of 39710.
I don't think it can break the resistance.
Despite having as an ally the EMA200 in 1 hour, this remains a powerful enemy over 4 hours.
The next supports are likely to be 36k and 31k.
Already dropped to the lower limit of the channel, now will test previous support of 39710.
I don't think it can break the resistance.
Despite having as an ally the EMA200 in 1 hour, this remains a powerful enemy over 4 hours.
The next supports are likely to be 36k and 31k.