#BITCOIN update from 1d. time-frame
I would say BTC is now at a do or die situation
what I see in the daily chart is BTC still has not broken down the trendline support ( the black line )
You can see it just dipped hard ( right when the Bitfinex FUD showed up ) then quickly pushed back up and did manage to close the daily candle above the trend line support ( Black-line )
for now, I will have my eyes on the $5100 - 5070 levels
If BTC breaks down this zone then Man its time for another leg down possibly $4950 - $4750 & that would not surprise me at all..........
#TA #BTC @TechnicalCrypto
ߋ tradingcryptocoach
I would say BTC is now at a do or die situation
what I see in the daily chart is BTC still has not broken down the trendline support ( the black line )
You can see it just dipped hard ( right when the Bitfinex FUD showed up ) then quickly pushed back up and did manage to close the daily candle above the trend line support ( Black-line )
for now, I will have my eyes on the $5100 - 5070 levels
If BTC breaks down this zone then Man its time for another leg down possibly $4950 - $4750 & that would not surprise me at all..........
#TA #BTC @TechnicalCrypto
ߋ tradingcryptocoach