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Bitcoin Get Crashed. Next steps Toward 5000$-5500$?? Bitcoin Technical Analysis.

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Published: 23 Jun 2018 › Updated: 23 Jun 2018Bitcoin Get Crashed. Next steps Toward 5000$-5500$?? Bitcoin Technical Analysis.

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.

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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.

Screen Shot 2018-06-23 at 4.31.05 PM.png

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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Experienced Analyst. Crypto+Stocks Investor & Advisor.

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