As we saw on the previous BTCUSD analysis (linked to this publication), the price has made the reversal expectes around 11500-12000.
Now the price is just below 10000 and there is a high probability that the pair continues its fall to 6500 which is the support weekly in yellow on the chart.
And what's next ? Nornally at this point a rebound seems logical on a so strong support but there is nothing sure with Bitcoin.
I propose different scenarios both bearish and bullish which need to be confirmed with prices movements when time will come.
Patience.
Now the price is just below 10000 and there is a high probability that the pair continues its fall to 6500 which is the support weekly in yellow on the chart.
And what's next ? Nornally at this point a rebound seems logical on a so strong support but there is nothing sure with Bitcoin.
I propose different scenarios both bearish and bullish which need to be confirmed with prices movements when time will come.
Patience.
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Check out this educational content. Hope it will gives you some tricks to improve your trading skills.
