Bitcoin - February 25

25 feb 2020

It's the last day you expected to see big changes.
It's a market situation that has nothing to do but watch what changes will happen.

The key point is the 9617 point and the downward trend line at the current point.

To climb, you must be supported above 9970.

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I think it's dangerous to trade in this market situation.



This week's forecast chart.

25 feb 2020

Nota

We need to see where today's closing closes.

If you finish below the downtrend line, you are likely to touch point 9080.

However, after touching 50MA, you should check if there is a rebound.
You should also check whether this rebound will be supported or resisted above the downtrend line.

You should also check whether today's big change was expected and eventually the decline was chosen.