Bitcoin Get Crashed. Next steps Toward 5000$-5500$?? Bitcoin Technical Analysis.
Previous 2-3 weeks or you say june month was very bearish for the market. If we talk about yesterday , then you have seen very long red candles. The reason behind it are simple. This is manipulation which big whales are doing. Whenever bitcoin see 1 green candle then the next it also see a big red candle. Day by day some FUD i s being created.
Market volume is very low now almost 250billion dollar. If we want to see bitcoin climb then first thing which is required is volume.
If you talk about technical analysis then bitcoin can see a jump from 5000-5500$ level otherwise we can go more dip around 3000$ level which is looking very difficult to go but market can go anywhere if fresh money does not come in market.7200-7300$ is a massive resistance which should be broken out otherwise this bearish market will be for a long time.
At this time you can stop trading and use your time on study. Try to study more and more about technical and fundamental terms of market
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