BTC is and has been in a bearish trend. I went ahead and mapped out KEY support and resistance zones with the amount of % shown if it decides to move up or down. Since it's currently at support, I can expect to see a bounce here. If the bulls are strong enough, we can see a push to the next resistance, which is around the 52k area. If the bearish pressure continues, then we can expect a move to the 30k area! lets keep it simple and see.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
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This is not financial advice. This is for educational purposes only.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
Love it or hate it, hit that thumbs up and share your thoughts!
This is not financial advice. This is for educational purposes only.