Bitcoin is breaking the daily trend channel.
This has not been confirmed yet and wait for the candle to close under it. It can be a fake out to end long positions. Stop losses in all trades.
We get confirmation this week.37150 to 37550 wil be the next support level of btc
After a three day break in the market tonight, we can see the direction of the market. Due to the weakness in the uptrend, I expect a price correction in the most important demand area in the $ 30,000 range. The second scenario is market support from the channel and trend line and up to 50,000. Bitcoin emissions from exchanges have accelerated.
We get confirmation this week.37150 to 37550 wil be the next support level of btc
After a three day break in the market tonight, we can see the direction of the market. Due to the weakness in the uptrend, I expect a price correction in the most important demand area in the $ 30,000 range. The second scenario is market support from the channel and trend line and up to 50,000. Bitcoin emissions from exchanges have accelerated.
Comment:
The market is further trending down at any time. After a long confusion now we can see BTC down trend. Now it is expected to come till 36000 then 35000. There can be BTC fakeout directions during this period. Market summary is not good but we can expect to make money. So I always suggest you to use low fund and put stoploss on every trade.
