BitcoinPenjualan
BTCUSD - SHORT - 4hr/1D
As the world is bullish on bitcoin, I see just the opposite. The pullback phase hasn't died yet and I call for a drop to 8200 support level on a short term(4HR-1HR). And Even further drop to the crucial 6200 support level in until next month(4Hr-1D). In my other post(check it out,BTCUSD long term analysis), I called for 5100 levels as the lowest the bitcoin could move before the bull run we have all been waiting for since 2018.
Reasons for my statement:
1. The bulls coudn't cross the 9500 resistance, have been a few tries, and every new move is with a diminishing power of buyers.
2. We are still in a short term bearish phase.
3. The buyers are in, but a test is necessary. and the test will come down to 6200.
Reasons for my statement:
1. The bulls coudn't cross the 9500 resistance, have been a few tries, and every new move is with a diminishing power of buyers.
2. We are still in a short term bearish phase.
3. The buyers are in, but a test is necessary. and the test will come down to 6200.
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