Bitcoin is at the crossroad where long and short traders face off. It is likely major sellers would show up with full force between 10.5-12.0k range, as mid-to-long term trend is still downside. If sellers get the upper hand, they could drive the price down to around 3.8k.
评论
⋅
New Update:- As long as price prints below $10,500 on any upmove, downward pressure is still very much active and would continue the gradual move toward 3800.
评论
⋅
Is Now the Bull Reversal? Not until we get price to break out from $9995. Until this happens, we are still in bear territory.