Bitcoin: BTC Can Easily Fall Below $3,000 (January 2020) − 稼げる投資系口コミ情報サイト【Trade Center】

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Bitcoin: BTC Can Easily Fall Below $3,000 (January 2020)

Bitcoin is showing bullish signs for now after the price found support on the 50 EMA on the 4H time frame having declined below the 38.2% fib extension level at $7,812. At the moment, it seems ready to shoot higher towards $8,000. It will face some resistance at $7,961 but if it breaks past that level then we can see a rally towards $8,200 in the near future. Traders need to realize at this point that the rising wedge we see on the BTC/USD chart is now very close to being broken. The balance of probabilities indicates that it will be broken to the downside leading to further downside in Bitcoin (BTC) and the rest of the cryptocurrency market.

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