After Bitcoin price sudden uptick on the 27th of November, it has fallen from $7,778.91 to $7,300. The recent short-lived rally was expected to keep it over the $7400 support level. However, what do the trading chart indicates about the price of BTC? Watch to find!

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6 COMMENTS

  1. Has the bearish trend finally come to the end? The bears are continuing to apply pressure on the main cryptocurrencies. However, the altcoins are testing their support levels. If the bulls manage to maintain these levels, then one should expect a good rebound ticking upwards. Yesterday's symmetrical triangle was broken up. There was solid growth, but the sellers did not step aside. This is evidenced by the candles' long shadows. Buyers are able to maintain the price at 7,5OOusd but are unable to break through the 7,65Ousd mark. So far, nothing is clear as to furthering the priority of movements in the market. for me i advice you multiply the little you have with Kentrell's strategy, i was able to make 7bt with I.5bt in 3 weeks with the same strategy, reach him on telegram kentrellroger orWhatsApp+1(2I3)34O-562O–__ However, many are bullish regarding Bitcoin’s long-term prospects.

  2. Bitcoin will have to make a short-term decision very soon. In the likely case of a breakdown, then the next support lies at 72OOusd, 7IOOusd, and 7OOOusd, Further below is 68OOusd, and the 6-month low around 65OOusd. From above, the next significant resistance beyond 74OOusd is 77OOusd, which is also where the bullish spike reached out. A real market reverse could take place, in my opinion, only when creating a new higher low above 8,OOOusd, for me i advice you multiply the little you have with Kentrell's strategy, i was able to make 7bt with I.5bt in 3 weeks with the same strategy, reach him on telegram kentrellroger orWhatsApp+1(2I3)34O-562O–__ However, many are bullish regarding Bitcoin’s long-term prospects.

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