Bitcoin Approaching 1K Drop
Bitcoin's fallback from the 200-day moving average increased speed in the last day, suggesting that a decline to $7,500 is in the cards
Asmall doji candle at the moving average resistance on Wednesday, indicating indecision among the buyers.
Prices then dropped below support of $8,750 yesterday, opening the way for a lower pullback.
BTC hit a low of $8,333 on today and was last at $8,560 and poised to drop.
Asmall doji candle at the moving average resistance on Wednesday, indicating indecision among the buyers.
Prices then dropped below support of $8,750 yesterday, opening the way for a lower pullback.
BTC hit a low of $8,333 on today and was last at $8,560 and poised to drop.
Note
Ten minutes until collapse of BTC. 1000 point drop coming.
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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.