Analîza Bihayê Bitcoin: Piştî ku di 6500-saetan de 5% winda kir Bitcoin digihîje 24 $

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• Bitcoin continued to maintain lower lows and lower highs in an hourly descending channel
• Bitcoin recovered back following a 5% drop to $6500 mark, but bearish correction remains valid

After Bitcoin got rejected around $6980 resistance yesterday, the price continued to show weakness following a 5% drop to reach $6500 earlier today. Now, Bitcoin has recovered slightly back above $6000 after a breakdown. The bearish pressure would continue if the price drops below $6500. If this price level holds, Bitcoin is expected to resume an uptrend.

Astên berxwedana sereke: 7000 $, 7191 $, 7450 $
Asta piştgiriya sereke: $ 6400, $ 6200, $ 5880

Analîza Bihayê Bitcoin (BTC): Tabela rojane - Hirç

Bitcoin’s selling volume is looking a bit low on the daily chart as price a slowly drops. Despite that, Bitcoin had lost almost $1000 in a week. As it appeared now, the market is still under correction with a current trading price of $6691. However, buyers may regain control if they can regroup above the white descending line.

In case Bitcoin resumes selling below $6500 support, initial support to watch is $6400, followed by $6200 and possibly $5880 where the grey horizontal line lies. From above, Bitcoin’s first line of resistance is $7000. The next is $7191 followed by $7450 resistance, from where correction started last week.

Analîza Bihayê Bitcoin (BTC): Chart Charter - Bearish

Bitcoin is still respecting the descending channel on the hourly chart. Yesterday, after facing tough resistance around $6900 – $7000 area, Bitcoin’s price dropped steadily to the lower boundary – $6500 today. A small recovery has brought BTC back to $6654.

If the buyers continue to push higher, Bitcoin may climb to the red supply area of$6800. Above this area lies $6900, around the channel’s resistance. On the downside, Bitcoin is still relying on $6500 support. A drive below this support could send Bitcoin to $6400 and $6200, below the channel. However, Bitcoin would remain bearish as long as price respects this channel.

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