A technical view of Bitcoin's Current Market Situation and what to anticipate.

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Topic: A technical view of Bitcoin's Current Market Situation and what to anticipate. (Read 230 times)

Franctoshi (OP)

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Re: A technical view of Bitcoin's Current Market Situation and what to anticipate.

August 17, 2023, 10:19:32 PM

#21

Quote from: Franctoshi on July 31, 2023, 10:05:08 AM

Bitcoin has just tested $25k the point from which it broke out last time and this is as a result of the price not being able to break past $31k for quite a number of days and weeks, a price pullback at this point is expected, hence we may head further to test support at $24.8k which I am expecting the bulls to come in to push the price back up. A break below this critical support level actually confirms the double top pattern I explained in this topic.

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