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Trading Discussion
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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.