bitcondown

#bitcoin has been rejected from a strong resistance
Price is trading below moving averages
There seems to be a high pressure from sellers in the market
High volume red candles show bearish strength
The support at 81,000 has been tested
If this level breaks, more selling could occur
The next possible target is the zone between 78,500 and 76,000
The risk is high for short-term traders
Buyers are currently in wait & watch mode
Without a strong reversal, the trend will remain down
#bitcoin #bitcondown #MarketCorrection #Binance

#bitcoin Abhi the price of Bitcoin is around 88,000 on the daily chart, the trend is slightly downward
The price is trading below its moving averages, which means sellers are stronger
A strong rejection was received from 97,900
Below, 86,000 is an important support
If 86,000 breaks, the price can go further down, a slight bounce may occur in the short term
Above, 90,500 – 91,500 is strong resistance
Selling may resume from there
A proper uptrend will occur when 91,500 breaks
Currently, risk management is very important while trading
#binaceVietnamSquare #bitcoin #bitcondown #TSLALinkedPerpsOnBinance