Bitcoin Support Levels: next months /// DOWN

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Dear Traders,

BTC has just broken new support level.

Since the sentiment is very poor and the volume is decreasing, the next Support Levels will most likely also be broken. I have shown them in the BTC chart.

A support is actually psychological purchase or point of sale for traders.

If a support level is broken to a higher level, we can look at higher levels. This also applies to a downward trend, which we now see.

In the long term, of course, a bull run is possible. See my other Bitcoin analysis for this.

Thanks for your "support" by liking this idea ;)
Nota
BTC is heading next small support. I expect volume will not peak so this symmetrical triangle will result in a new low. Next (small) support is around 2800. If there will come enough volume to result in a up it will retest previous support. We'll see what happen!

istantanea
Nota
BTC is hitting next support as mentioned earlier

istantanea
Bitcoin (Cryptocurrency)Trend Analysis

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