Bitcoin has been in the downtrend for almost 10 days and shows signs of wanting to fall further.
If this time it hits its lilac resistance and goes back down, its fall will be more definite and it can easily break the 46700 resistance down.
There is no definite opinion, but my opinion is that bitcoin wants at least a bigger drop, and heavy BUY ORDERS in the range of 40 to 44 can throw it to 50,000 and the hit its ATH soon ...
If this time it hits its lilac resistance and goes back down, its fall will be more definite and it can easily break the 46700 resistance down.
There is no definite opinion, but my opinion is that bitcoin wants at least a bigger drop, and heavy BUY ORDERS in the range of 40 to 44 can throw it to 50,000 and the hit its ATH soon ...
