BTC broke local support at 6500 and the price immediate drop by almost 10%. If Bitcoin fails to hold current pice at 6200, we could expect another leg down to previous Higher Low of support at 5800 areas. 5800 level would a good potential bounce play and targe the swing high at 6800 dollars.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.