Technical Analysis on Bitcoin [12-06-2021]

in #crypto • 3 years ago

I am sharing my technical analysis on Bitcoin so that you can take your decision on bitcoin trades. It has been trading in the range between 36000 to 38000 levels.

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Upside Scenario

If bitcoin will be able to break 38500 level convincingly then we are heading for an upward move and reach next level of 45000

Downward Scenario

Bitcoin has broken the lower range level of 36000. If bitcoin is not able to bounce from the 35000 level, then we are heading for a downtrend move and retest of 31500 level again..

I will be sharing technical analysis of forex and crypto assets in the coming days. These technical analysis are for educational purposes only and should not be considered a financial advice.

#bitcoin #technical #analysis #steemit
3 years ago in #crypto by
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