Bitcoin Analysis. Making lower lows and next support at $5500-6500

in bitcoin •  7 years ago 

Hi traders.
Spent a lot of time analyzing bitcoin today.
The chart looks like this:
download (1).png

Bitcoin has broken a major trend line after which the next support is present at 5500-6500 zone.
It is on continuous downtrend. It needs volume and good news to have some spikes.
Have a good day.
Note:
This is not a financial advice and just my analysis.
Watch my video analysis of bitcoin here:

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  ·  7 years ago (edited)

This has nothing to do with introduceyourself or steemit. That is why I will flag it.