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

$ 95162.83 (+0.19%)
Объем 24H $61.391b
Изменеия 24h: 3.61 %, 7d: 2.55 %
Cегодня L: $94058.66 - H: $95656.12
Капитализация $1900.94b Rank 1
Доступно / Всего 19.976m BTC / 21m BTC

bitcoin btc above next falls below bullish

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