CryptoWolfsTrust

BTC further probable scenario

COINBASE:BTCUSD   Bitcoin
Current areas and support and resistance levels can be seen on the 4-hour chart. Current areas and support and resistance levels can be seen on the 4-hour chart. The market is still in the frame of correction after the growth from 6000 to 8500. At the moment we are trying to rebound from the level of Fib 0.5, forming area of local support, if this is not done, then there is a chance to touch the 7200 mark, breakout of which will enable the bears to move the price to the denser of the visible supports near the level of 6800. To grow bitcoin, need to find support and go sideways, as its next growth will pull all the investments on itself, and we will see a decrease in the cost of most coins; In the case of a further decrease in Bitcoin, alts can also follow it.

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