Crazy 😧 Mondays 😀 usually are Bearish for $BTC for quite some time and Bitcoin dumped hard today.. but question is how deep it can go!!!!!!
Let's break down chart analysis.. just sharing my personal view of Bitcoin chart...
Bitcoin touched an important support level of 63250 and for now I think dump will slow down and it can turn into low of today as well.... But, Market is very active and volatile.. If Further selling pressure remains then i think IT can dump for 62000... But If Market slows down then i am expecting Bitcoin to Reverse Up... Since IT has touched an Important Level of 63250...
Please Note... If Market remains fast price down then WE can even Break 60,000 which i am Not considering due to Month end!!!! So, you can say Brokers adjusted their books Dumping Bitcoin...
On bearish Side If BTC Cracks below 60k then targets are 51k to 47k...!!!!!!!!!!!
If Bitcoin remains Above 62000 and 63250 then se are going to Break 75,000!!!!!
Position yourself accordingly!!!
I am Bullish but keeping all scenarios in Check!!!
