Bitcoin Get Crashed. Next steps Toward 5000$-5500$?? Bitcoin Technical Analysis.

in bitcoin •  7 years ago 

Previous 2-3 weeks or you say june month was very bearish for the market. If we talk about yesterday , then you have seen very long red candles. The reason behind it are simple. This is manipulation which big whales are doing. Whenever bitcoin see 1 green candle then the next it also see a big red candle. Day by day some FUD i s being created.

Market volume is very low now almost 250billion dollar. If we want to see bitcoin climb then first thing which is required is volume.

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If you talk about technical analysis then bitcoin can see a jump from 5000-5500$ level otherwise we can go more dip around 3000$ level which is looking very difficult to go but market can go anywhere if fresh money does not come in market.7200-7300$ is a massive resistance which should be broken out otherwise this bearish market will be for a long time.

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At this time you can stop trading and use your time on study. Try to study more and more about technical and fundamental terms of market

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i hope it gets pumped a lot and i can sell my coins at a profit

Nice prediction on bitcoin. But it will soon boom.

good one nice analysis

Thanks buddy!!!

Let it take any steps it wants to take, because the final step will be right to the moon

USe Full INFO

hope market will recover like last year ,because there is too much FUD in the market

This is the biying time brother

Market gonna recover very soon bcoz lot of institutional funds gonna come and their will be sudden spike in market & finally bull run will come which we all are eagerly waiting for.!!!

cool, calm & relax. No need to panic it will bounce back very soon.

bitcoin is still bearish ....
let have a break bitcoin.

Really informative good work

Great post my friend.
Keep posting good stuff.

Thanks bro

Bitcoin will prove itself very soon....

I don't think it will go below 5500$. It will sustain here and will strongly bounce back again.

I know, but you should know both sides of the market.

Bitcoin went 20000$ and now is 6000$ so now it's very risky to short or sell positions, it's better to hold and stay calm.

Yes. Patience is the key of success.

Yes absolutely correct.

Bitcoin 50k dollars at the end of this year my predictions

Very informative!

Market will recover soon.

i just voted on your post. please vote and comment on mine too

good technical analysis sir

Thank You Very Much.

Jaldi hi bitcoin pump karega... Jyada nahi rahega.. 🔥🔥🔥

Bitcoin wil go to 5700$ then will rise after instituitions money

I hope not, $6000 is the biggest support, if it go below 6K it will be terrible for market

It have broken it. See it

I think you are great analyst
your #prediction are going well

Thank You Very Much.

Please inform me the right time to buy. Will you? Please !

Yes!! I will update here whenever times come.

i think end of this year or before it will hit 5 k and shoot up i hope so i am planing to buy when price reached to 5k

I don't think it will go below 6000$. It will sustain here

It have gone. See it.