In my opinion, if Bitcoin can not reach above $ 29,650 and reach a price stabilization, it could continue to move down. Immediate support on the downside is near the $28,800 level.
The next major support is the $28,500 area.
A downside break and a close below the $28,500 support might start a MAJOR DECLINE! The price could drop towards the $27,500 level in the stated case.
Let me know what you think.
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The next major support is the $28,500 area.
A downside break and a close below the $28,500 support might start a MAJOR DECLINE! The price could drop towards the $27,500 level in the stated case.
Let me know what you think.
If you liked my idea, follow me for more.
Note
❌ The bulls are looking for a solid break and close above $31,600 for upside confirmation, while the bears are looking for a daily break and close below $28,000.
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Related publications
Disclaimer
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