BTC still has 6000 support holdings, as it has been closed last 4hr. Candle over the 6k support line, it would be nice to see how BTC chooses to go
But the problem here is the volume which is very low, we will not say that the volume is going down, the price will always go down, but stay in the last 24-48 hrs. BTC market cap has dropped to $ 10-12 billion, which is quite high on the higher side ... !!
And if this support 5900-6000 BTC makes it possible to catch it, then it will not make any doubt, but for a successful reversal we will have to look for a huge volume spike .... !!
If BTC remains on dumping like this then then there should be 5500-5000 reverse zones ... !!
Otherwise, if it gets more dump then miners will not be mined. Bitcoin Animor Bokoos will be in loss, then below 5000 we do not think BTC will go any way
I guess there is 50-50 chance to reach 5500 from here ehat you say?
Sure brother I will up vote. Thans fo reply