If Bitcoin breaks below its support expect a correction back down to 30k, possibly 28k. If you want to go long, either wait for a breakout above the red line, or for a break down to the support levels.
If 34k gives we go straight down to 30k.
I was warning about this a few days ago, see... 显示更多 翻译
For all you Crypto fans out there, there is trouble in paradise $BTC just broke its trend line -it has been consolidating for the past 1 week, if this support is broken we could see a downward retracement to 32000 or lower..RSI is oversold..but get ready when bullish it will go to the moon!! Happy trading... 显示更多 翻译