Technical Analysis: The price of the Bitcoin has fallen below $ 3,800

Ricky. A drop could occur towards the level of $ 3500.

Price analysis
Last week, there was a minor bullish correction above the $ 4,300 level of the US dollar against the US dollar. However, the BTC / USD failed to gain above the $ 4,400 and $ 4,500 resistance.

As a result, the market entered a sharp bearish move and the price fell below the support level of $ 4000, more than 12% and currently trading at below $ 3,800 and below the four-hour moving average.

Thus, the netbook recorded a new annual low of $ 3,620, and the current decline appears to be unfinished. The price has moved above the 23.6% Fibonacci retracement of the recent decline at $ 3440 to $ 3,678. However, this upward movement was limited by $ 4,000. The price also failed to rise near 50% Fibonacci retracement of the last drop from $ 3440 to $ 3,678.

Finally, the price dropped again and broke the swing level at $ 3,678. The new low has been formed under the price of $ 3,650 and there seems to be more losses. Main support ...



Technical Analysis: The price of the undertaker has fallen below $ 3,800

 By Arab Bit team on 2018-11-25
Arab Bt - the price of Bettokin by more than 15%, and broke the support level of $ 3,800 against the US dollar. A drop could occur towards the level of $ 3500.

Price analysis
Last week, there was a minor bullish correction above the $ 4,300 level of the US dollar against the US dollar. However, the BTC / USD failed to gain above the $ 4,400 and $ 4,500 resistance.

As a result, the market entered a sharp bearish move and the price fell below the support level of $ 4000, more than 12% and currently trading at below $ 3,800 and below the four-hour moving average.

Thus, the netbook recorded a new annual low of $ 3,620, and the current decline appears to be unfinished. The price has moved above the 23.6% Fibonacci retracement of the recent decline at $ 3440 to $ 3,678. However, this upward movement was limited by $ 4,000. The price also failed to rise near the 50% Fibonacci retracement of the ...

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