BitcoinShort
BTC - Whats Next?
Do you see whats happening here? ~7840 support was so crucial, now we are next support level, I feel some consolidation will bring us back to retest ~7800 level but I don't think it will break that, also look at where 50MA is exactly where resistance is formed, this makes solid case for bare market, we cannot assess bullishness unless we break ~7800 level.
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Disclaimer
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.