Bitcoin (BTC) Falls Back To Demand Zone, Failure To Hold Support Might Trigger Significant Sell Off

2018-6-29 17:05

Bitcoin (BTC) is presently in a do or die situation. The price has once again plunged below $6,000 and is now trading just above the previously held $5,800 level. If the price falls below $5,800 and stays below $5,800 for the next few days, it will invalidate a bullish bias and may lead to a long term bear market.

On the other hand, if Bitcoin (BTC) stays above $5,800 for the next few days and closes the monthly candle above $5,800, it would mark the beginning of the next bullish impulse.

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Bitcoin (BTC) на Currencies.ru

$ 87581.54 (-0.09%)
Объем 24H $13.896b
Изменеия 24h: 0.16 %, 7d: -0.60 %
Cегодня L: $87491.32 - H: $87858.1
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bitcoin btc above next falls below bullish

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