Bitcoin went massively down past few days.
I drew in yellow the current ascending support.
The MACD & RSI could look better and like you can see on the MACD in white, there is an M-pattern.
That’s not good news because it means that BTC will go again a little bit down.
There is also another support located at 6800 $.
If BTC breaks that support, it will go down to 3000 $ for sure.
I don’t think that Bitcoin will break that support, but keep that in mind!
I drew in yellow the current ascending support.
The MACD & RSI could look better and like you can see on the MACD in white, there is an M-pattern.
That’s not good news because it means that BTC will go again a little bit down.
There is also another support located at 6800 $.
If BTC breaks that support, it will go down to 3000 $ for sure.
I don’t think that Bitcoin will break that support, but keep that in mind!