The chart technically stays the same.
While XBT has gone below EMA10, 21, 50 and 100, it remains trading above MA200, the main support.
If MA200 at $16,410 fails, then $16325 will come into play...
Anything lower and Bitcoin can easily test the blue support level on the chart, high 15Ks.
But we continue to see consolidation nothing more.
If I had to guess... I won't.
Let's wait and see how it goes.
Namaste.
While XBT has gone below EMA10, 21, 50 and 100, it remains trading above MA200, the main support.
If MA200 at $16,410 fails, then $16325 will come into play...
Anything lower and Bitcoin can easily test the blue support level on the chart, high 15Ks.
But we continue to see consolidation nothing more.
If I had to guess... I won't.
Let's wait and see how it goes.
Namaste.
註釋
It will recover.
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