BTC currently showing us a strong support near 6000 but this time the retracement to 7000 is not possible as it has shown us repeatedly weak rallies from 6000 levels.
we may see it go till 6735 not more than that.
If the 6600 level is not broken than we will see a major dump till 6000 level and followed by next support levels.
so this time we see as it will break this level soon and than reaching to 5000 levels this month end and than we have to see the movement around that area but we believe it to reach to 4200-4500 level giving btc the support it needs to continue its rallies
The support we have made are from GANN Angles werein you can see the support being marked and the overall sentiment of the market is also bearish.
we may see it go till 6735 not more than that.
If the 6600 level is not broken than we will see a major dump till 6000 level and followed by next support levels.
so this time we see as it will break this level soon and than reaching to 5000 levels this month end and than we have to see the movement around that area but we believe it to reach to 4200-4500 level giving btc the support it needs to continue its rallies
The support we have made are from GANN Angles werein you can see the support being marked and the overall sentiment of the market is also bearish.