Itupalẹ Iye owo Bitcoin (BTC) - Atunse Iye: Iyika Aarin Ọsẹ Ṣe Tita Owo BTC Si $ 7600

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Awọn esi

Earlier today, we have seen Bitcoin’s price dropped to $7100 (Bitfinex) due to liquidation from sellers, but followed by a quick buy to $7200. Though, the sellers are still pretty gaining dominance. Considering the recent bounce at $7100, Bitcoin is slowly recovering on the lower time frame. A possible correction may reach $7600. Otherwise, Bitcoin could revisit November low.

Bitcoin (BTC) Onínọmbà Iye: Iwe apẹrẹ wakati - Bearish

Awọn ipele resistance bọtini: $ 7300, $ 7400, $ 7500, $ 7600
Awọn ipele atilẹyin bọtini: $ 7100, $ 6880, $ 6750, $ 6600

Following slow bearish actions from $7600, Bitcoin touched $7100 today with a pin-bar that eventually brought BTC back to $7200. The latest price rejection was an indication of a bullish action which could allow buying to $7500 and $7600. Still, there’s a need for a channel break-up at $7300.

Meanwhile, Bitcoin is still looking bearish on a short-term. A rejection at the $7300 may keep the downward trend valid, although the price may sharply slip back to $7000 before breaking low to $6880, followed by $6600 support. But looking at the current bullish pattern on the technical indicators, Bitcoin’s price is likely to buy at any moment.

Bitcoin (BTC) Itupalẹ Iye: 15M Chart - Bearish

Bitcoin is looking bearish on the 15-minutes time frame, but the price is likely to increase due to the current price break. Bitcoin has established support around $7100 as we can see on the chart below. The current break on the MACD suggests that the buyers are coming back into to market.

More so, we have seen Bitcoin climbing back on the RSI indicator which is likely to allow a short-term buying to $7300, $7400 and $7500 resistance. The buyers may be trapped if $7200 fails to hold as Bitcoin’s price may fade back to $7100 and $7000 support. It may even extend to $6880 and $6750 support. But looking at the market structure, a mid-week reversal could be at play.

BITCOIN Ra Ifihan agbara

Ra titẹsi: $ 7178
TP: $ 7300 / $ 7400
OJ: 7080