BTC is currently trading with an increasing bearish momentum. Following a bounce from the 4 hour resistance level $11984.45, this crypto has been falling and is still on a bearish drop mode. I expect a surge to the lowerside with my take profit at $6106.01. If you didn't have an opportunity to sell around $11984.45, you could wait for minor pullbacks to the upperside then pick sell orders towards $6106.04. On the way downwards, the key lines to look for include $8357.40, 7634.70 and $6106.04. If these lines are breached, then further bearish momentum towards $1000.00 is expected.
Trade Signal.
Sell BTC now towards $6106.04
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
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Imelda Maseno
Analyst of «FreshForex» company
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