Bitcoin (BTCUSD) Bearish? Can We Expect Further Downside?
HI Traders, in the recent Bitcoin Analysis, I've been talking about potential selling opportunity on BTC since 31,000. In fact, yesterday when BTC was at 29,000, I made a call mentioning that we could expect further push downwards.
As BTC is finally breaking below 28,000, currently at 26,000, more downside is expected due to the flush of Bearish pressure.
Shall we see another impulse towards 20,000? Possible but probably will take some time, wouldn't be surprise to see some choppy market if the momentum halts.
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Take care and trade safe.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
As BTC is finally breaking below 28,000, currently at 26,000, more downside is expected due to the flush of Bearish pressure.
Shall we see another impulse towards 20,000? Possible but probably will take some time, wouldn't be surprise to see some choppy market if the momentum halts.
If you enjoy the content, make sure you follow my profile and click the like button.
Take care and trade safe.
All the content I've posted are for educational purposes, please perform your own research and only take it as a reference.
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