CryptoPatel

Bitcoin Entered in Bearish Zone..?

Long
INDEX:BTCUSD   Bitcoin
#Bitcoin Exclusive TA Update:-

$BTC finally worked and Rejected because of Bearish Diversion.

From $69000 to $58000


But Now..?

Its Very clear $Bitcoin Now trading at $59000 and Trading below Support level so It is very dangerous zone.

So If BTC any daily candle close above $60400 that will be Supper good for $70000 again.

But currently scenario is $BTC trading below strong support level $60400 so Now Bearish.

Bearish Zone Scenarios:-

$53600 is also good support .

But Major support is $49000

But Current chart $BTC bullish only above $53600

RSI also 43 so bounced can expect.

Hope BTC daily candle close above $60400


Support:- $53600/$49000
Resistance:- $70000

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