BTC May be in danger at the moment. Pay ATTENTION!!!!!!!!!!!!!!!!!!!!!!!
Initial ATH saw Bitcoin punch through Key Level 1 price. Well, we went down afterwards, and slowly walked our way back up that price level again, punched through again this time, and it set a New ATH.
It could not keep up above it as it went down to hit Support. It went through the Support once but quickly reclaimed it back above again. Now support held for days, then it rocket upwards, punched through 63k the third time and made another New ATH, 69k.
Here is the Danger⚡:
At the moment BTC is trading near 63k Key Level. Failure to hold it there, will send it down to Support first.
If this Support breaks, it goes down to Key Level 2.
If Key Level 2 breaks. Bitcoin will touch 52k Price area.
NOTE: See similarly potential Pattern repetition on Chart, where I have marked the Arrows. BTC is my occasional analysis which I do when I spot a Key market sentiments sweeping across
It is a fragile moment for BTC as I chart right now. And the Bulls must not give it up. If they want to prevent this small Tsunami.
Follow @CryptonKidd for more analysis. And Signals
Initial ATH saw Bitcoin punch through Key Level 1 price. Well, we went down afterwards, and slowly walked our way back up that price level again, punched through again this time, and it set a New ATH.
It could not keep up above it as it went down to hit Support. It went through the Support once but quickly reclaimed it back above again. Now support held for days, then it rocket upwards, punched through 63k the third time and made another New ATH, 69k.
Here is the Danger⚡:
At the moment BTC is trading near 63k Key Level. Failure to hold it there, will send it down to Support first.
If this Support breaks, it goes down to Key Level 2.
If Key Level 2 breaks. Bitcoin will touch 52k Price area.
NOTE: See similarly potential Pattern repetition on Chart, where I have marked the Arrows. BTC is my occasional analysis which I do when I spot a Key market sentiments sweeping across
It is a fragile moment for BTC as I chart right now. And the Bulls must not give it up. If they want to prevent this small Tsunami.
Follow @CryptonKidd for more analysis. And Signals
