Analysis

Firstly I will inform you that the present rate of bitcoin is going round about $6377

Very important level for bitcoin is $5900

Three times market try to Break That level but couldn't break it Now it becomes a strong support for bitcoin price. The marketers don't let the price go more down..
but if market crosses 59 support level then it can be more down up to 50.

Why This Happening..??

The most important reason for all this going in crypto market is future contracts going to held in Crypto market..
And the ETF that is Postponed to be held in September.

Advice

Market is too much low now a days for example steem is now on $0.89 only now but you can check its peak value.
how much it go down more may be approx. $0.80 . At that spot it is bullshit to sell cryptocurrency because the future contracts are too powerful..
I advice you people to hold crypto because at that spot there is only 2% chances of Loss and 98% chances of Profit
For sure its a time to show patience. If you does'nt enter in the market then its the perfect time to enter Now.
There should be a Drastic Change shown in the Market

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