Yesterday, Bitcoin fell below the key support level, which we mentioned in the previous review: the $ 12,000 mark At the same time, the rate updated the 30-day minimum and BTC is currently trading on the levels of early December. There is no doubt that the bearish trend is now on, and technically, the support level capable of reversing the decline is between $ 4,000 and $ 6,000 (The August-October level). Sell. Any increase to $ 12,000 and above can be used to open short positions. Cancellation of the idea is in case of receiving a buy signal from the "Crossing of moving averages" on the daily chart.
@icexch, have you bought back in? where do you see it going from now in the shor term?
icexch
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@MuMPiTz, no, i havnt bought back in. What do you mean short term? I see the downtrend and i have open short position. I see the strong support from $1000 only