Bitcoin breaking down at local trendline support

٣١ يوليو

BTC 4hr breakdown through the local upward trendline support could trigger further downward pressure to the next support area of previous lows at 63.5k and the .382 fib If any further downside from here is not offset with buy pressure then 61.2k and .5 fib retracement area at the original trendline support from the 53.5k bottom pivot is the target This is also the Daily 200ma super strong support area