🌐The Current Bitcoin (BTC) Market Situation Is A Tough Bulls And Bears Affair
🌐Bitcoin Price Should Stabilize Near $5,000: Allianz Chief Economist
🌐Bitcoin Industry Launches D.C. Lobbying Group to Promote Crypto
This is one possibility for bitcoin of many that could be happening but definitely hard to ignore btc
could be setting up to reach 6500-6600$ before another major dump occurs.
MACD histogram downticking & on the negative.RSI support bounce.We are holding levels of positive momentum at critical resistance. A measured move up would put us at ~$6,760.Bitcoin has formed lower highs and found support around the $6,000 level, creating a descending triangle on its daily chart
A clear Bearish OB keeping price under. Last 3 Time the OB was tested,i think 4th time it will break through,But for that we need volume and momentum so a solid retrace from the chart are good.
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Disclaimer: invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses.