BTC Still In Downtrend AS China is Going To Ban Bitcoin

٢٥ مايو ٢٠٢١

I am still hoping BTC may Drop again nearly 30000 Price Zone. China is going to ban all types of cryptos. Tesla is not accepting bitcoin as payment. So, Fundamentally we will some selling pressure on Bitcoin.

Technically, in the daily chart bitcoin, is holding under 100 and 200 moving average. 42250 is playing as strong resistance from the present price zone. Our next target 31000 to 30000 in the upcoming days.