Bitcoin has broken 17k multiple times and now there are lot of chances that it will break main support 15300. There could be some quick movements to up and down because today CPI Data will be released so try to stay away in that time.
Right now 13200 - 17000 area is the real area where buyers and sellers will fight and If I see the over all chart then I think I think I think Bitcoin could touch 10k but all depends on today CPI Data and 13200 - 17000 area. It should hold this area and need to break 17000 for upward movement.
Bitcoin has reached 2 years low of 15462 and could go more down. Market uncertainty is at peak and nothing is clear how much it can go down. Bitcoin is still bearish till its new low of 14000 and may be more down. Bitcoin will be bullish if it breaks 30K area which has very low chances in near time. Don't listen to those whose are asking to buy more Bitcoins, Etherium etc. till the clear picture of the market. If you want to buy it then wait for more low price then try to grab the maximum profit and close the trade.
Bitcoin may be retouch 18000-18500 before going more down. At the moment Bitcoin support is 15300 and if it breaks then welcome to 14k area.
Note
Please never follow anyone blindly and always remember following key points:
1- First and Last thing in trading is patience.
2- Risk management in trading is a Key so use your money accordingly.
3- Please Don't think I'm always right. I could be wrong, same as every other trader.
4- I always posted my thoughts, not financial advice.
5- Please use your mind and try to get knowledge about market. It will help you in future
Thank you and Good Luck!
Right now 13200 - 17000 area is the real area where buyers and sellers will fight and If I see the over all chart then I think I think I think Bitcoin could touch 10k but all depends on today CPI Data and 13200 - 17000 area. It should hold this area and need to break 17000 for upward movement.
Bitcoin has reached 2 years low of 15462 and could go more down. Market uncertainty is at peak and nothing is clear how much it can go down. Bitcoin is still bearish till its new low of 14000 and may be more down. Bitcoin will be bullish if it breaks 30K area which has very low chances in near time. Don't listen to those whose are asking to buy more Bitcoins, Etherium etc. till the clear picture of the market. If you want to buy it then wait for more low price then try to grab the maximum profit and close the trade.
Bitcoin may be retouch 18000-18500 before going more down. At the moment Bitcoin support is 15300 and if it breaks then welcome to 14k area.
Note
Please never follow anyone blindly and always remember following key points:
1- First and Last thing in trading is patience.
2- Risk management in trading is a Key so use your money accordingly.
3- Please Don't think I'm always right. I could be wrong, same as every other trader.
4- I always posted my thoughts, not financial advice.
5- Please use your mind and try to get knowledge about market. It will help you in future
Thank you and Good Luck!