BitcoinShort
Bitcoin Bearish: $61K Rebound Before Drop to $47K?
I'm currently bearish on Bitcoin. After failing to hold the 21-week #EMA, we saw a significant drop, followed by an unsuccessful attempt to reclaim that level within the same week, a concerning sign overall.
The most likely scenario, in my view, is a tap into the $61,430 level before heading lower, targeting somewhere between $49,200 and $47,200.
On the bullish side, #btc would need to break past $65,000 and hold that level to start building up better bullish momentum.
The most likely scenario, in my view, is a tap into the $61,430 level before heading lower, targeting somewhere between $49,200 and $47,200.
On the bullish side, #btc would need to break past $65,000 and hold that level to start building up better bullish momentum.
Web:
UNDER C.
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UNDER C.
Follow me on Twitter:
twitter.com/blauersamt_
Web:
UNDER C.
Follow me on Twitter:
twitter.com/blauersamt_
UNDER C.
Follow me on Twitter:
twitter.com/blauersamt_
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