When will the free fall of Bitcoin stop?
Updated
Since four in the morning, Bitcoin only knows one direction: down, down, down.
Pivot point is at 11220 and could be easily broken. Support line S1 at 10749 just caused a small delay. Right now, support line S2 at 10381 is ahead of us. Will it break or send BTCUSD upwards again?
The long-term targets of this down-trend are 9005 and 5568.
Pivot point is at 11220 and could be easily broken. Support line S1 at 10749 just caused a small delay. Right now, support line S2 at 10381 is ahead of us. Will it break or send BTCUSD upwards again?
The long-term targets of this down-trend are 9005 and 5568.
Comment
Right now, Bitcoin is in a correction with the target 10953. It is questionable, if Bitcoin drops further right after the correction or changes over into a sidward movement. 
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