November 27, 2022

Copy-paste | Bitcoin: it seems that the strength of the bulls is running out

The Bitcoin course began to make very timid and very weak attempts to break the “falling wedge” pattern. Price is trying to find the bottom in an area of ​​very important support. Her breakthrough could push the currency under $ 7,000. The short-term outlook is neutral, but with a bearish bias.

Bitcoin: Key Points

  • The Bitcoin exchange rate made a breakthrough of the “falling wedge” pattern.
  • The price faced resistance in the form of hourly moving averages.
  • Support is located at $ 7,200 and $ 6,900.
  • The short-term outlook is bearish.
  • Copy-paste | Bitcoin: it seems that the strength of the bulls is running out

    Bitcoin out of the pattern

    Since November 27, the Bitcoin exchange rate has been traded inside.“wedge” model. After the price reached support for the Fibo level of 0.5 at around $ 7,200, it began to rise and eventually went beyond the wedge pattern.

    Continuation of the link: https://beincrypto.ru/bitkoin-pohozhe-chto-sily-bykov-issyakayut/