balajicf1762c207ea4550

BTC/USD Bearish Pressure with $8,300, What Next?

Short
COINBASE:BTCUSD   Bitcoin
BTC/USD Forming A Descending Triangle..............

Bitcoin bulls resurface above $8,000 after refreshing $7,726.16 support.

The barrier to the upside remains at $8,235.

Bitcoin bears finally gave in to the advances of the buyers on Sunday towards the end of the American session. The world’s largest crypto spiked making a comeback above $8,000 after testing $7,726.16. The weekend session was mostly slow with $8,000 hindering growth while $7,726.16 offered the much-needed support.

Major Support Zones........@ $7,726.16
@ $7,497.19
@ $6,619.45
Trade active
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.