Mortdecai

Bitcoin testing supports and looking for a new bottom

BINANCE:BTCUSDT   Bitcoin / TetherUS
As bitcoin has broken through support at 37,000, it is now exploring aggressively the support line at 36,500 respectively 36,000.

If support breaks at 36,000, the next support line which Bitcoin can be exploring will be at 35,500

35,500 is also the ultimate support after which an approximate closer bottom can perhaps be seeing at approximately 33,000

Traders should be mindful of both short and long trades. The current Bitcoin trading area is no man's land.