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.
Continue reading Bitcoin (BTC) Falls Back To Demand Zone, Failure To Hold Support Might Trigger Significant Sell Off at Crypto Daily™.
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