Bitcoin (BTC)Crypto News

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.
Bitcoin breakout error |  Crypto News Aktuell German, Crypto Trading News
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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Fusion media or anyone involved in Fusion Media assumes no liability for any loss or damage arising out of reliance on the information contained on this website including data, rates, charts and buy / sell signals. Please inform yourself comprehensively about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment.

Source: Crypto News Deutsch

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