BITCOIN BEARISH TREND FOR THE NEXT 2 MONTHS
Since its peak in November of last year Bitcoin has been slowly declining forming bearish flags and breaking downward. Historically, the worst trading months (seasons) are July, September, August and the first half of October (summer and early autumn). I'm expecting BTC to it continues its declining during this period bottoming around 12000 usd before November.
Future Levels:
- Resistance at 23750, 25500 & 26600
- Support at 22200, 21400, 20000, 18000 & 12000
Best regards,
Klaus.
Future Levels:
- Resistance at 23750, 25500 & 26600
- Support at 22200, 21400, 20000, 18000 & 12000
Best regards,
Klaus.
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