Bullish Buyers are closing their position in order not to get liquidated, bitcoin failed to break the triangle with a fake-out at 38k - 39k region.
Bearish Sellers started selling again, Probably with the target at liquidation point of bullish traders, which is around 30k -26k -
AND WE Institutional traders wanting to getting on bitcoin at 27k. So we might see a boom in price at that area once it hits.
Good luck and remain optimistic !
Bearish Sellers started selling again, Probably with the target at liquidation point of bullish traders, which is around 30k -26k -
AND WE Institutional traders wanting to getting on bitcoin at 27k. So we might see a boom in price at that area once it hits.
Good luck and remain optimistic !