Bitcoin is in the danger zone, be careful!
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Bitcoin continues to show downward movement after the drain from the FOMC, today they tested the $19.500 zone again
▫️So far, the buyer is trying to hold the support zone ($19.500-19.800) in case of failure, we should expect the next stop in the range of $18.800-18.550
▫️It is also worth paying attention to the S&P500 broke through the strong support of $3900, if the buyer cannot activate in the coming days, then we should expect a continuation of the downward movement to the $3800-3750 zone and the fund will drag bitcoin with it.
▫️Guys, speaking in the short term, if we can hold the $19.800-20.200 zone until the end of the week, then we can count on a reversal to the $20.800-21.500 zone. We are holding on for now, but be careful, I wrote why above
Bitcoin continues to show downward movement after the drain from the FOMC, today they tested the $19.500 zone again
▫️So far, the buyer is trying to hold the support zone ($19.500-19.800) in case of failure, we should expect the next stop in the range of $18.800-18.550
▫️It is also worth paying attention to the S&P500 broke through the strong support of $3900, if the buyer cannot activate in the coming days, then we should expect a continuation of the downward movement to the $3800-3750 zone and the fund will drag bitcoin with it.
▫️Guys, speaking in the short term, if we can hold the $19.800-20.200 zone until the end of the week, then we can count on a reversal to the $20.800-21.500 zone. We are holding on for now, but be careful, I wrote why above
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