Is bitcoin falling?! What we are going to see in close future!
From my last video update I mentioned, that we will test 57K support area and if that are won`t handle we will drop to 54-55K support.
Today we see that price actually droped firstly to 57 and then formed support zone at 54-55K area. Fortunately we didnt drop deeper, so the main trend is still bullish, we are still ranging between 55 - 60K area. This is good sign for altcoin to rise. So now I expext the price to consolidate on 55K level and there is possibility that in soon we will see sharp move up to try to flip 57K resistance laevel to support. From there, the main target remain to break 60K.
P.S.
It is my personal opinion. I am not financial adviser. DYOR.
Have a nice day!!!
If you like my reviews and it help you to understand the current market situation, subscribe to the channel, like and follow the updates of ideas that are not trade recommendations.
Thanks to your likes, I understand how many people rated my review positively. Thank you very much and thank the sympathetic commentators for understanding. I spend my personal time monitoring the market situation and share my opinion with you openly. I ask you to take this point into account and treats with understanding.
Today we see that price actually droped firstly to 57 and then formed support zone at 54-55K area. Fortunately we didnt drop deeper, so the main trend is still bullish, we are still ranging between 55 - 60K area. This is good sign for altcoin to rise. So now I expext the price to consolidate on 55K level and there is possibility that in soon we will see sharp move up to try to flip 57K resistance laevel to support. From there, the main target remain to break 60K.
P.S.
It is my personal opinion. I am not financial adviser. DYOR.
Have a nice day!!!
If you like my reviews and it help you to understand the current market situation, subscribe to the channel, like and follow the updates of ideas that are not trade recommendations.
Thanks to your likes, I understand how many people rated my review positively. Thank you very much and thank the sympathetic commentators for understanding. I spend my personal time monitoring the market situation and share my opinion with you openly. I ask you to take this point into account and treats with understanding.
