Bitcoin breakout error | Crypto News Aktuell German

is in a confirmed downtrend on the daily chart and is over 30% below the November highs. the Cryptocurrency While it rose slightly above it on a downtrendline, that rise was on very weak volume. Once the price hit its first major area of ​​resistance, it rolled over at above average volume.

The bottom line is that the entire crypto room looks weak. The main areas of support likely to suggest a recovery or consolidation of Bitcoin Needs to be monitored are in the range of $ 40,000 and if that fails, $ 30,000.

In our Crypto Market Update Video we analyze the following:

• What are the opportunities we are looking for?
• Where are there areas of support that we would expect Bitcoin to bounce off?
• Width of the crypto market
• easily breaks the long-term trend line. correction could get ugly.

Click here to view our Crypto Market Update video: Failed breakout | Asset solutions

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