The blue lines in the above graph are the Fibonacci retracement which is a strong indicator of support and resistance lines.
Bitcoin failed to reach its target of $ 13000 and responded to a decline that is currently intensifying because we broke the support line 50%.
The red line rose above the green line in the Ichimoku cloud which is a bear sign.
Target: $ 9500
Bitcoin failed to reach its target of $ 13000 and responded to a decline that is currently intensifying because we broke the support line 50%.
The red line rose above the green line in the Ichimoku cloud which is a bear sign.
Target: $ 9500