Hello Everyone,
Welcome to my first steemit blog.In this blog i'm going tell you what is current situation of Bitcoin
A lot of confused scenarios in the market right now, a green market which we saw past few days now looks like going.Not completely because every single coin RSI is heavily overbought and they might do a little correction now!
Bitcoin is very volatile right now,the drop is expected but 40% chances are still in the sight!
Next possible bearish support levels are 6250$ and 5800$
And if we jump from the current levels then it can go up to 6800$ and if we break that level this time then we are definitely going for 7200$-7500$!
But we need to see the volume and the market reaction within a few hours,meanwhile keep an eye on the support level (6450$) if this breaks and 1 hour candle closes below this level then we are going down.
What's your opinion about Bitcoin ? It will go up ? let me know by commenting below.
