Bitcoin (BTC/USD)
- Broken below uptrend line
- Currently at a support level - $3,937 (will most likely break lower)
- RSI downtrending
- Weak hands will be shaken out over the next few weeks
- China crypto-ban rumours
- Overall: [BEARISH]
When To Buy Bitcoin?
- 38.2% fibs: $3,750
- 50% fibs: $3,400
- 61.8% fibs: $3,040
- Major Support Zone: $2,650 - $2,950
This is not the end for Bitcoin, take advantage of the dips!!
But Bitcoin Can Only Go Up?!?
You were warned
You were warned again
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