Bitcoin (BTC) Falls Back To Demand Zone, Failure To Hold Support Might Trigger Significant Sell Off

2018-6-29 17:05

Bitcoin (BTC) is presently in a do or die situation. The price has once again plunged below $6,000 and is now trading just above the previously held $5,800 level. If the price falls below $5,800 and stays below $5,800 for the next few days, it will invalidate a bullish bias and may lead to a long term bear market.

On the other hand, if Bitcoin (BTC) stays above $5,800 for the next few days and closes the monthly candle above $5,800, it would mark the beginning of the next bullish impulse.

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Bitcoin (BTC) на Currencies.ru

$ 67907.68 (+0.22%)
Объем 24H $28.338b
Изменеия 24h: -0.38 %, 7d: -2.74 %
Cегодня L: $67558.23 - H: $68812.85
Капитализация $1338.122b Rank 1
Доступно / Всего 19.705m BTC / 21m BTC

bitcoin btc above next falls below bullish

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