What's up everyone! BTC is looking extremely bearish right now, we've been calling this downtrend since mid January and it sure is happening right now! We are at a key point right now because from roughly $7400 to $4700 there is no strong level meaning the price could go down very fast.
We might see a small bounce off of the $7400 level (couple 100s point up) and then continue our way down or we might break that level and keep going down and down. The week is starting, tuesday and wednesday are the biggest volume day which usually means big volatility.
I think BTC will reach $4700 and only then we will be able to take an educated guess on whether it'll keep going down or not.
Like&Follow if you agree!
We might see a small bounce off of the $7400 level (couple 100s point up) and then continue our way down or we might break that level and keep going down and down. The week is starting, tuesday and wednesday are the biggest volume day which usually means big volatility.
I think BTC will reach $4700 and only then we will be able to take an educated guess on whether it'll keep going down or not.
Like&Follow if you agree!