Bitcoin - The fall continues
I was traveling but now I'm back.
The bitcoin keeps falling, the most likely movement for the next few hours is this orange line I put on the chart.
Bitcoin is still in a downward trend and in the coming days or weeks bitcoin will decide whether to go to the 4k region or go back up to the moon.
The bitcoin keeps falling, the most likely movement for the next few hours is this orange line I put on the chart.
Bitcoin is still in a downward trend and in the coming days or weeks bitcoin will decide whether to go to the 4k region or go back up to the moon.
Nota
The fall began earlier than I imagined. We should have a new pullback in the 6k region.Nota
I remain firm that the bitcoin goes to the 6000 region before a new pullback.Nota
Downtrend channel detected.Nota
7 touches on top of downtrend channel.Nota
Bitcoin break the downtrend channel. Now the bitcoin are officialy consolidated in 1H time frame. Is hard to previus the next moviment at this time.Nota
Touch on resistance zone.Nota
Consolidation between 6600 (resistance) and 6000 (support).Nota
The Bitcoin continues consolidated, with low volume and low force to leave the zone of consolidation.Nota
The Bitcoin continues consolidated between resistance (6600) and support (6000). It's hard to predict anything right now, but the biggest chances are that the price will break down.Nota
Green line or red line? Well, At this time, I will only watch.Nota
New chart;
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