TraderNeoh

Bitcoin (BTCUSD) - Is The Capitulation Coming Soon?

KRAKEN:BTCUSD   Bitcoin
Hi Traders. In the previous few market analysis, i've been talking about potential selling opportunities and various Bearish scenarios.

As BTC is currently still dropping, really wouldn't be surprised to see further push towards the downside.

Just be aware of capitulation, when times where everyone's selling, that's usually where the bottom nears.

For now, pay attention to how price reacts around 19,000 - 19,500.


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