As #BTC Is Now Testing 200P MA, Sellers Could Come In With Force

Aktualisiert
Bitcoin is at the crossroad where long and short traders face off. It is likely major sellers would show up with full force between 10.5-12.0k range, as mid-to-long term trend is still downside. If sellers get the upper hand, they could drive the price down to around 3.8k.
Anmerkung
New Update:-
As long as price prints below $10,500 on any upmove, downward pressure is still very much active and would continue the gradual move toward 3800.

Snapshot
Anmerkung
Is Now the Bull Reversal? Not until we get price to break out from $9995. Until this happens, we are still in bear territory.

Snapshot
Ethereum (Cryptocurrency)LTCUSDTrend AnalysisWave Analysis

Haftungsausschluss