18500$ can prevent BTC from falling furthur
Hi again,
Another analysis for BTC after 1 month was needed and therefore I'm publishing this analysis.
As expected BTC couldn't pass 26K resistance and dropped rapidly. For now I expect to see some bounce around 18,500 support in short-term.
As I said in previous analysis on BTC, No uptrend is started yet! so be carful about your long positions.
In summary, We will see some range movements around 18,500$ and after that according to further movements we can see 16K or 26K again which 16K is more possible in my opinion.
Best Regards, Zargar.
Another analysis for BTC after 1 month was needed and therefore I'm publishing this analysis.
As expected BTC couldn't pass 26K resistance and dropped rapidly. For now I expect to see some bounce around 18,500 support in short-term.
As I said in previous analysis on BTC, No uptrend is started yet! so be carful about your long positions.
In summary, We will see some range movements around 18,500$ and after that according to further movements we can see 16K or 26K again which 16K is more possible in my opinion.
Best Regards, Zargar.
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