As I mentioned in the previous analysis if BTC can not hold the major support at 63-64K is going to 52-55K area.
Now what?
There is a 100 EMA and 0.5 fib support at 54350 if this area break we're go to the next support at 200 EMA and 0.618 fib 49-51K which is bottom of a uptrend channel as you can see which I think is a strong support and BTC can bounce from this level.
Now what?
There is a 100 EMA and 0.5 fib support at 54350 if this area break we're go to the next support at 200 EMA and 0.618 fib 49-51K which is bottom of a uptrend channel as you can see which I think is a strong support and BTC can bounce from this level.
