Bitcoin Immediate short term ⚠️UPDATE

What are the reasons for the recent decline in the value of Bitcoin?

In both Timeframes 1W and 1W BTC printed a Bearish Divergence

Bitcoin has been moving sideways for the past 33 hours, while altcoins have been bleeding hard.

What's next ?

Bitcoin's current major resistance level is $22800, and if it loses its current support level, the next target will be 21.5k.

If breaking 22.8k resistance i am expecting BTC to bounce to 24.1k. And 27k, only if daily closing above 25.3k

That was the reason why btc was dumping hard recently.

Note: Predictions and chart analysis made more accurate when jumping into a higher timeframes.


⚠️ Not a financial advice.
Happy trading ❤️

Follow me on Quora for daily updates
Flor Bejleri
Beyond Technical AnalysisbitcoinpricebitcoinpumpbtcusdanalysischartpattrenCRYPTOCURRECYcryptomarketcryptomarketcapFundamental AnalysispriceactionSupport and Resistancetrading

Also on:

Disclaimer