Bitcoin update

in bitcoin •  3 years ago 

Bitcoin update:

photo_2022-09-04_19-27-12.jpg

This analysis of the overview of the large movement (Frame 1W) 👁‍🗨

At the red arrow, a negative weekly close is shown below the MA 200 indicator, which gives an indication of an upcoming negative movement 🔴

When do we say we will go to a new bottom?

  • If the weekly closure is below $ 18,953, here we say that the decline may first reach areas of 16 thousand and may extend to 12 thousand, we set the goal after achieving the condition ⚠️

The only hope currently is that Bitcoin will interact with the current support that is stable on it and show positive indicators, and this has not happened so far 🟡

What do we do now?
Speculators (watch only)
Investor (buy in stages)

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