theforexportal

Crypto carnage BITCOIN bashed

BITSTAMP:BTCUSD   Bitcoin
BITCOIN plummets further from its 20,000 highs and is now fast approaching a make or break level.
7890 area is the 200 day simple moving average on the daily time frame.
If we are to see a bounce in BITCOIN's fortunes it will surely come here or not at all.
With no history - its a guess but if there are BITCOIN buyers out there then this could be where they enter the market.
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.