Bitcoin
Long

Bears in Full Control But Still Bitcoin can Bounce Back..!!

536
#BTC (Update)


Bitcoin has been Moving Below the Trendline Since 10th May 2021 📉

Bitcoin Bulls lost the 34k Horizontal Support Area & At the Moment, Bears in Full Control..

As Bitcoin Looking Bearish & Might Retest the 30k area, If Bulls Held the 30k PYCHOLOGICAL Support & Bounce Back, Expecting Bullish Wave towards the 40k in Mid June 🔜


snapshot

In Another Chart, in 4h Timeframe Chart, Bearish Pennant Broken Downside 📉

At the Moment, Bitcoin Bears in Full Control & If Bitcoin lost the 33.3k Horizontal Support Area (GREEN), Next Stop would be 28k Area..

If Bitcoin Remains Above the 33.3k Support Area, Bitcoin Might Bounce Back towards the 38k (Resistance)



Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!

Thanks for Your Love & Support..!!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.