MonoCoinSignal

There is still a chance that Bitcoin will break major support!

BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin dropped sharply yesterday, with its price breaking the triangle pattern (in the 4-hour time frame) to close to the $16,000 range. The angle of hitting the support is very high, and there is still a possibility of a further price drop and the price hitting at least the $15,900-$15,720 range. In the 1-hour period, the Bitcoin trend has decreased by breaking the support range of 16,280 to 16,380 dollars. Therefore, the return and pullback to this resistance can cause the price to decrease again. The positive reaction, if seen on the support levels, can only be short-term and volatile, and there is still a possibility that Bitcoin will break the important support.

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