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Bitcoin Analysis: Reversal Ahead!
Bitcoin has dropped. The asset’s price is now approaching a very important supporting zone formed between levels 24800 and 25200. This zone might drive Bitcoin up. So far, the Bitcoin move can be considered a mere correction. In this case, it would be wise to check the price movements, that is, the candlestick formations next to the supporting zone. Bitcoin might also manage to break even the strongest levels. Should Bitcoin break any level on its way toward the supporting zone, the asset could gain the required support at the level of 21600. But so far it looks like Bitcoin might potentially rebound from the ... (full story)
