Bitcoin Breaks Down Towards $6100
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The Bitcoin price has been increasing rapidly over the past two days. The price reached a high of nearly $7000 before decreasing slightly.
There has been significant bearish divergence developing in both the RSI & the MACD.
The price is currently testing the range lows and I believe it will soon break down and head towards the next support area at $6100.
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There has been significant bearish divergence developing in both the RSI & the MACD.
The price is currently testing the range lows and I believe it will soon break down and head towards the next support area at $6100.
Please leave a LIKE if you enjoy my analysis.
Trade geschlossen: Ziel wurde erreicht
Target reached sooner than expected.
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