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

$ 89866.11 (-0.23%)
Объем 24H $53.45b
Изменеия 24h: -0.79 %, 7d: -7.39 %
Cегодня L: $88020.47 - H: $90270.57
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Доступно / Всего 19.979m BTC / 21m BTC

bitcoin btc above next falls below bullish

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