Bitcoin Get Crashed. Next steps Toward 5000$-5500$?? Bitcoin Technical Analysis.

in #bitcoin6 years ago

Previous 2-3 weeks or you say june month was very bearish for the market. If we talk about yesterday , then you have seen very long red candles. The reason behind it are simple. This is manipulation which big whales are doing. Whenever bitcoin see 1 green candle then the next it also see a big red candle. Day by day some FUD i s being created.

Market volume is very low now almost 250billion dollar. If we want to see bitcoin climb then first thing which is required is volume.

Screen Shot 2018-06-23 at 4.38.25 PM.png

If you talk about technical analysis then bitcoin can see a jump from 5000-5500$ level otherwise we can go more dip around 3000$ level which is looking very difficult to go but market can go anywhere if fresh money does not come in market.7200-7300$ is a massive resistance which should be broken out otherwise this bearish market will be for a long time.

Screen Shot 2018-06-23 at 4.31.05 PM.png

At this time you can stop trading and use your time on study. Try to study more and more about technical and fundamental terms of market

Sort:  

i hope it gets pumped a lot and i can sell my coins at a profit

Nice prediction on bitcoin. But it will soon boom.

good one nice analysis

Thanks buddy!!!

Let it take any steps it wants to take, because the final step will be right to the moon

USe Full INFO

hope market will recover like last year ,because there is too much FUD in the market

This is the biying time brother

Market gonna recover very soon bcoz lot of institutional funds gonna come and their will be sudden spike in market & finally bull run will come which we all are eagerly waiting for.!!!

cool, calm & relax. No need to panic it will bounce back very soon.

bitcoin is still bearish ....
let have a break bitcoin.