Hi Traders, Investors & Gamblers 😃
I hope everyone is doing great this wednesday morning!
A quick update after the expected loss of the previous support level for Bitcoin, once again I want to point out a very logical next support level and potential bottom scenario for Bitcoin .
The 200 week SMA the most logical target for Bitcoin on a weekly closing...
If BTC closes and stabilizes above its resistance line then we can be bullish and if failed to break this resistance in coming days then we can see BTC up to 29,000 USDT .