NaikoN81

BTCUSD will fall?

Short
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Since May 10, BTCUSD has been falling steadily. On June 4, the price bounced off the resistance level of $ 39305 and began to fall again. Now the situation looks as follows, most likely the price will break through the support level at $ 34554 and rush to $ 32100. If it bounces off $ 32,100, we can talk about an increase in BTCUSD , but if it breaks the support level at $ 32,100, a fall to $ 22,500 is possible.

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Comments

So you placed your support at $32,104. Any specific reason for doing so, even when the price dropped much below that multiple times. I feel a better support would have been at the $30,338 mark.
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