In the previous post I mentioned about Bitcoin most likely to walk to support around $ 9,700. We got there. Now, a reaction is expected, to continue to respect the drawn channel, because in the event of the breaking of this support the fall may continue a little stronger.
The RSI indicates a sign of possible breath. However, it frightens the level of volume in this last candle low.
Let's follow up and see if support will be respected.
I’ll keep you updated.
Obs.: Do not take any material or analysis in this blog as a recommendation. It's just my opinion and this is not a financial advice.
with the recent news of governments, hacking, and without mentioning how overvalued is the bitcoin, I think it will go down a little more, maybe raise a few hundred dollars but lower them immediately.
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Is being a hard year for crypto until today. I believe if we win this hard moment, the rise can be strong!
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I think it go up
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