These days have been a bloodbath in the cryptocurrency markets.
These are the key support levels you could use to predict when it will reverse.
RSI and Stochastic RSI for 1 Day and 4 Hours time frame have reached oversold.
Should we fall bellow these keys supports, expect it to free fall to the 4000 dollars range, however it probably would not last long as people would probably stop mining, reduces the supply of bitcoin, and increase its price again.
Good luck to you all!
These are the key support levels you could use to predict when it will reverse.
RSI and Stochastic RSI for 1 Day and 4 Hours time frame have reached oversold.
Should we fall bellow these keys supports, expect it to free fall to the 4000 dollars range, however it probably would not last long as people would probably stop mining, reduces the supply of bitcoin, and increase its price again.
Good luck to you all!