crypto_piyush

Bitcoin Latest Update

BITFINEX:BTCUSD   Bitcoin
Technical analysis has lost much of its significance in recent markets. Lot of Patterns like #Triangle, #Falling Wedge Etc. not working and already broken. Therefore, it can be said that the present situation is waiting for a sharp fall or surge.

The weak support line in the current situation is near $ 6,350. As I said, this is not a strong support line, and the primary resistance line is around $ 6700. You can trade with this box, but #BTC flow itself is not stable and it is very dangerous.

If #BITCOIN goes below @6000 Dollars then next support us @5300 Dollars. Long time holder's can invest at this time
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.