top of page
Writer's pictureCryptofool

Technically speaking: BTC short and medium term

Updated: Aug 8, 2022



The BTC extended losses through Sunday. The price rapidly approached a critical support line. Breaking 33 - 34K level, opens a clear path to 30K.




If price holds above 33 - 34K there is a chance for a bull rally. However, if prices close below, it will not only break a support line but also an up trend line. HH and HL channels will break and BTC price will enter a downtrend.


Want to buy BTC?

2 views0 comments

Recent Posts

See All

Comments

Rated 0 out of 5 stars.
No ratings yet

Add a rating
bottom of page