Today we will analyze the Bitcoin currency code in the daily time frame in Bainance exchange.
Bitcoin has reached its support level of 42,570 due to its very sharp fall a few days ago, and the possibility of bitcoin falling again by stabilizing the breakout of this level is up to the range of $ 30,000.
If the news does not cause Bitcoin to fall again, the price in this range should be supported and go back up, considering reaching the bottom of the RSI indicator. But if you are planning to open a position or a trade, it is recommended to wait for the market trend to be favorable.
This is a personal statement and it is the responsibility of the individual to invest.
Bitcoin has reached its support level of 42,570 due to its very sharp fall a few days ago, and the possibility of bitcoin falling again by stabilizing the breakout of this level is up to the range of $ 30,000.
If the news does not cause Bitcoin to fall again, the price in this range should be supported and go back up, considering reaching the bottom of the RSI indicator. But if you are planning to open a position or a trade, it is recommended to wait for the market trend to be favorable.
This is a personal statement and it is the responsibility of the individual to invest.