Bitcoin
Short
Updated

BTCUSD 4H CHART BITCOIN MARKET CONDITIONS

389
BTCUSD pair is forming a symetric triangle on the 4H chart with a strogn downtrend.

This could lead to a short term pullback to the support level. If 2800-3000 is rejected again this will become a major support.

RSI is under 50 and heading south, meaning bears dominance.

Stay tuned for updates.

WNZ
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Note
Market testing first support zone.
Order cancelled
Market found support on first zone.
BTCUSD 4H CHART BITCOIN MARKET CONDITIONS

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