In last analysis, we discussed about major support level called 4000$, bitcoin still consolidating above the support level and did not touched its support line. as we know there is massive rumor over the crypto community about china recent news, this is playing a mojor role in dropness of bitcoin value. but japan also doing well to stable the situation (google it if u don't know).
On 4H Bitcoin chart, 4000 Is considering important for both levels ( Support, Resistance ) if price bounce back then 4700$ will be next resistance to the way of 5000$ ATH. Below this next support will be 3700 or furthermore downward movement.
Trend Lines Marked on Chart....
Good Luck!!!!
On 4H Bitcoin chart, 4000 Is considering important for both levels ( Support, Resistance ) if price bounce back then 4700$ will be next resistance to the way of 5000$ ATH. Below this next support will be 3700 or furthermore downward movement.
Trend Lines Marked on Chart....
Good Luck!!!!