Bitcoin
Short

BTCUSD, Price in a supply region- Market bears to take control

BTCUSD started an upward trend since 1st May from $56,542 to a last week's high of $71,940.

BTCUSD price is hovering around a supply region and the bears are warming up to take control at the resistance level of $70,000.

My bias is bearish.

Resistance $71,198 - $70,400
Support: $64,595
btcupdatebtcusdanalysisChart PatternsDivergenceFibonacci Retracementfundamental-analysisTechnical IndicatorsSupply ZoneTechnical AnalysisTrend AnalysisTrend Line Breaktrendpattern

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