Today BTC analysis showing a very constant trading in buy \ sell range around 6700 ~ 6200+ . For the past 2 week this price range behave like a steady wave forming a consolidation zone. TA can't be a solely indicator for breakout measure. Current Support line is around 6000 ~ 5700. Forecast anything below current support will form a very huge fall toward 2nd Support line around 4000-3600. However the first support line was tested several times that will lead to bearish breakout compared to resistance position which gradually reduce from time to time.
But as we know crypto bullish is very unpredictable. Only time will tell, maybe its a game changer for alt coins that have x10 below 15m market cap.
But as we know crypto bullish is very unpredictable. Only time will tell, maybe its a game changer for alt coins that have x10 below 15m market cap.
