Feb. 2 at 1:51 PM
$BTC.X On a key area!
The price of Bitcoin is back below
$80,000. The correction continues, and here is the technical situation of the BTC:
Price action bearish from the top
Price below moving averages (EMA13/MA30)
Momentum bearish (stochastic)
If the selling pressure does not decrease and the
$70,000 is lost, we could review the Bitcoin at
$53,000...
But after this bearish phase, the price could rebound to the key level just above
$70,000.
This technical support could cause a bulls side reaction! 👊
$ETH.X
$XRP $AAVE.X
$AVAX.X