Bitcoin breaks the support is it start of Downward Journey ?
Updated: Jan 22
Bitcoin is currently trading in very danger zone on the daily chart if it close below the 33000 $ then it may be start of downward journey.
One daily candle chart if bitcoin closes below 33000$ then it may a start of downward journey, the first support is around 29200$ and the major support at around 23800$ and 19600$,
can you believe Bitcoin can fall this much ?, But in crypto market everything is possible.
If Bitcoin closes below 33000$ then we can short the BTC with the stop loss of 34400$
with a first target of 29200$ and second target of 24000$.
What do you think How much Bitcoin can fall if it closes below 33000$ on daily candle chart please comment your opinion.
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