Post
Topic
Board Speculation
Merits 1 from 1 user
When will the price of Bitcoin break below the $6,000 support level?
by
aardvark15
on 27/09/2018, 00:39:26 UTC
⭐ Merited by tigershark (1)
If you look at the chart of the Bitcoin price, it has formed a clear descending triangle with support at about $6000. Resistance is keeping the peak of each bullish run lower than the previous one for the past few months.  If I can find a good chart to post, I'll add it in later.

I believe that this is a bearish signal that the price could likely break below $6000 soon. 

Do you agree and if so, when do you think it will drop below that key support level?