As we can see on the bottom chart, by the Fibonacci and weekly trend lines, 29k and 37k will be the next major long-term resistances. This is where I expect the next possible dips. On the top chart we see a Heikin Ashi confirmation.
Bitcoin has fallen over 6% in mere hours after the announcement that one of the largest crypto exchanges, Binance, is being sued by the SEC. Now seems the best time for me to put in buying orders at certain support price levels. I see three Scenarios: 1.The news that SEC is suing Binance will have no short term aftereffect on the Bitcoin price. The price will...