BTC/USD: One More Growth Attempt Followed by Another Decline?
Moreover, more liquidity is located above $8,100-$8,200. Respectively, the $8,200 mark serves a 'magnet' for traders in the short-term perspective.
From the daily chart, one can notice that the bottom has not been reached so far. Applying the Fibonacci retracement, a very important is the 161.8% level. In addition, the sellning trading volume prevails over the buying one, confirming the ongoing bearish tendencies.
From the daily chart, one can notice that the bottom has not been reached so far. Applying the Fibonacci retracement, a very important is the 161.8% level. In addition, the sellning trading volume prevails over the buying one, confirming the ongoing bearish tendencies.
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