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Aleksin_Aleksandar

BTCUSD pressure on lower support zone

Bitcoin (BITSTAMP:BTCUSD)  
Aleksin_Aleksandar Updated   
BITSTAMP:BTCUSD   Bitcoin
Support and Resistance
5
0
supportandresistance
Bitcoin price have been moving sideways in the range of 28,000-32,000 dollars for a month now. Consolidation is now taking place around the lower support zone. Two scenarios are possible: the first is a break below and a continuation of the bearish trend, and the second is a new positive consolidation and a return to the upper resistance zone.
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