NextLevelCrypto

The Bears tear down Bitcoin

BITSTAMP:BTCUSD   Bitcoin
Yesterday we all have been witness of a massive bearish attack on Bitcoin !!!
Unstoppable, unbreakable drop down !
The support at 9500 USD was broken on a heavy bearish volume, what confirms a bearish supremacy in the market.
The 30 EMA is far above the price bars, so we are 100% in a bearish market right now.

We can expect a little recover of BTC today, but i see the price drop will come in the following days.
Next support target is 6050 USD.



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