Post
Topic
Board Trading Discussion
Topic OP
Bitcoin Chart - Is Bitcoin About to Break Down?
by
Sachubaba
on 05/06/2021, 11:13:44 UTC
The chart looks bearish. Bitcoin is staying below 200 DMA and has formed a triangle.

If the lower trendline is broken, bitcoin may crash.

What do you think guys?

https://i.ibb.co/TrWxrhy/Bitcoin.png

The first support is around 28800 which is the 50 week MA.

https://i.ibb.co/mRfFpBH/Bitcoin2.png

I am unable to post images directly within the post. Sorry.