Weekly's Overview: Do Bitcoin could make a sell off to the 9K?

2020년 9월 22일

In this special analsyis, we see in weekly that Bitcoin could make that bears take the control of the trend to leave down the price until the $9,000 USD making this part a retest of this grant accumulation of simetric triangle showing in weekly.



So, in Daily we see that Bitcoin is bearish, now, as yet we're not broke down the key support line, is important that Bitcoin is sitll above of $10,000 USD, but in cases that Bitcoin make a broke up, we could see a drop until the $9,000 USD and bears take the control, and now, if in case that bears make a sell-off exagerated below of $9,000 USD and make a chances of the bear trend, we may need a new technical analsyis.

But, my important point that Bitcoin stil the bull trend is the $9,000 USD, that key is the psycology point and we cannot to loss this level.

Well, if you like this idea, please share this special analysis with your friends and traders, I will go back to make a technical analsyis in short term.