It looks like 🔻Bitcoin broke a major weekly demand cluster to the downside.
Weekly candle close below is a very important bearish clue and it signifies that sellers are willing to push the market lower.
Here are the next two major supports on focus:
18870 - 19815 narrow demand area based on 2017-high.
12468 - 13832 demand zone based on 2019-high.
And above we have 28600 - 36300 major supply area.
Be prepared for a further decline, dear traders
It looks like 🔻Bitcoin broke a major weekly demand cluster to the downside.
Weekly candle close below is a very important bearish clue and it signifies that sellers are willing to push the market lower.
Here are the next two major supports on focus:
18870 - 19815 narrow demand area based on 2017-high.
12468 - 13832 demand zone based on 2019-high.
And above we have 28600 - 36300 major supply area.
Be prepared for a further decline, dear traders
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