BTC - Is the downtrend back ?

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Hello all,

I'm afraid that the little bounce we had yesterday was just a technical bounce...

Here was the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

I think we are on the way to go test the support line in green.

If that support line is broken, the previous low around 6000$ could be the next objective.
If the support line is strong enough, a bounce from it could start and try to reach the resistance line in red but it is a little bit too early to think about that now.

I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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BTC - Is the downtrend back ? | Ecency