BİTCOİN Analysis: Outside Falling Bitcoin Inside the rise

Today is below yesterday's level. When I look at the technical level that I follow from the data side, resistance above 5,900 level is below 5,800 level. The above MACD diagram can be seen from the point of view of the vendors. At the beginning of the correction, it is possible to say that they have to bring Bitco down. It represents the first longest green line in the line. Then, after a short while, the sellers tried again and reached a low deficit of 5,800. After that, a slightly smaller row of green lines is represented. The sellers are then collected from the reunion and once again they come from their hands and make the best shots. But a lower price came out at $ 7,100. To achieve another low abortion, this failure is indicated by the smallest green line line. And the shoe population is quite exhausted and not even enough for a few people to stay. They are destroying all these people, they have to try and break this long-term support and have to produce this medal that needs a low system. However, the Merchant activity line fits within the boundaries of the contracted green small lines. The dealer is running out at an alarming rate and the bears know it as powerless.

The MACD chart above shows that a jump project is highly likely towards the upper yellow line. You will see a further decline towards the lowest support before a large breakout potential, which may be a viewable later on. April is the start time of the month. Here is the same price as Macd, which supports the white "W" corrective path. High price drops can lead to very high results. As long as the first long-term support is available, we will wait until later. Technically, as I mentioned in my previous article, bitcoin operations may be the subject of continuity if the desired level is maintained. In this case, low support can be taken to follow in the first place. In the upward direction, which can be seen again when we settle on the expected decreases, there are resistance points that can be followed.

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