$BTC
Buyer shows weakness
The attempt to return above MA200 turned out to be unsuccessful, and we got a pullback to the downside. At the moment the price is actively trying to go below the cloud, and it is extremely important for us not to allow this.
In case of a move lower, we risk a plunge to $80,000, and there we may also lose this support. If the buyer does not become active in the near future, we will develop the downside scenario.
There are still chances for continued growth; locally we may continue ranging in the $81,000 - $83,000 range, after which we will make another attempt to move into a long. #Bitcoin Price Prediction: What is Bitcoins next move?# #BTC Price Analysis#
Buyer shows weakness
The attempt to return above MA200 turned out to be unsuccessful, and we got a pullback to the downside. At the moment the price is actively trying to go below the cloud, and it is extremely important for us not to allow this.
In case of a move lower, we risk a plunge to $80,000, and there we may also lose this support. If the buyer does not become active in the near future, we will develop the downside scenario.
There are still chances for continued growth; locally we may continue ranging in the $81,000 - $83,000 range, after which we will make another attempt to move into a long. #Bitcoin Price Prediction: What is Bitcoins next move?# #BTC Price Analysis#