Bitcoin Long. Market consolidation coming.
Possible long term close at around 6,000
Bitcoin has still yet to fully break its current downtrend.
Holding is important in these situations.
Also note that it is retesting the April support levels, which can lead to one of two things
1. The market will find a bottom soon and hope for a short term rebound.
or
2. The market breaks the April support levels, which would lead to a great fall in price.
In both scenarios I will be buying bitcoin, good luck traders.
Bitcoin has still yet to fully break its current downtrend.
Holding is important in these situations.
Also note that it is retesting the April support levels, which can lead to one of two things
1. The market will find a bottom soon and hope for a short term rebound.
or
2. The market breaks the April support levels, which would lead to a great fall in price.
In both scenarios I will be buying bitcoin, good luck traders.
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