▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Quick update for bitcoin showing why we are at such a critical support level and why this level has to hold. If bitcoin price can not hold this level then we could get a major bitcoin crash very soon. This current bitcoin drop will look tiny compared to what’s coming if BTC price does not get a pump from here. This is a major bitcoin support level across all of my charts. So if you are expecting some bullish price action or what to chance a long then this would be the point to enter that trade.. However if this bitcoin level becomes resistance then expect bitcoin to continue crashing to much lower targets down to the bottom which could be the 300wma. BTC technical price analysis for trading bitcoin.
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This is not financial advice! these are only my views, TA and opinions of where I think the bitcoin market may be headed. Crypto Currency is a very risky asset, always do your own research before ever considering investing or making a trade.
▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
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