Technical Analysis
Hey Guys what up! Sorry i wan't available for long but now i'm back and lets talk about our favorite Bitcoin. Lot's of news we saw ETF got rejected, Starbucks and many more. So let's start with the bull run we saw a week ago we bounce from $5700 To $8500 very good run but we got rejected again at heavy 61.8% Fib level
SO where we headed to ? its on the chart we still didn't broke important support level which i mentioned on the chart.
Indicators
1. MACD - Bearish On Daily
2. RSI - Bearish(Below 50 Level)
Conclusion
So what is the conclusion, well it depends on this level if it got broke we will continue to bleed but if it took support we may moon soon
Thank You For Your Support
Previous Analysis
Hey Guys what up! Sorry i wan't available for long but now i'm back and lets talk about our favorite Bitcoin. Lot's of news we saw ETF got rejected, Starbucks and many more. So let's start with the bull run we saw a week ago we bounce from $5700 To $8500 very good run but we got rejected again at heavy 61.8% Fib level
Indicators
1. MACD - Bearish On Daily
2. RSI - Bearish(Below 50 Level)
Conclusion
So what is the conclusion, well it depends on this level if it got broke we will continue to bleed but if it took support we may moon soon
Thank You For Your Support
Previous Analysis
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Order Filled
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Broken Trend Line Broken Hopes
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Testing Out The Resistance before the further fall
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BTCUSD Update
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Just as Expected
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Looks Like We Formed a triangle. Price will continue to decline first target $6020
