Short

Bitcoin Can Easily Drop From Current Prices | $8320 Followed by

Updated

Looking at Bitcoin on the 4H timeframe, the charts are saying that prices can easily move lower.

Right now EMA50 ($8602) is working as support while prices trade below EMA10 after a full red/bearish candle.

The indicators are bearish, RSI and MACD, while EMA100 and MA200 haven't been tested as support since early Jan.
If BTCUSD breaks below $8600 with good volume, we are likely to see $8320 followed by $7753.

Additional details can be found on the chart.
Feel free to leave a comment if you have any questions.

Thanks a lot for reading. :)

Namaste.

Note

Previous trade | BCHH20 (+113%)

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Bitcoin Cash (ABC) Mapped Out W/ Long-Term Targets To 1400%+

ADAH20 (+150%)

Cardano (ADAH20) Moves Above EMA10 | We Are Active on 9X

Note

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Note

New update:

Bitcoin Moves Lower, Aiming At $8,000 On The Daily

AlanSantana

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