Why did Bitcoin fall last night?

Bitcoin / TetherUSBinance

Beschreibung

⋅ 5. Jul. 2021 08:19

If we look at the 4 hour time frame

There is a clear divergence. This is a confirmation of the decline

So what happens now?

If Bitcoin can maintain its minor support

It can start another suffering or bullish market

But if the minor support is broken, the price can go down to the range of 32,800

Kommentare

Dania-AK

⋅ 5. Jul. 2021 09:19

Thank you for clarification

Fateh2047

⋅ 5. Jul. 2021 09:58

@Dania-AK, hi...The explanation is simple....If the range of 32.860 is broken by a powerful descending candlestick.....The price is likely to reach the range of 32.7.....We have to wait and see how Bitcoin reacts to these levels.....If support is provided...Bitcoin will see a higher price

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