Bitcoin failed to hold above the 37500 level despite the bullish divergence, and quickly broke through the 35000 support to head towards the next level of 30000.
Here a “doji” star has formed with a hint of a possible resumption of cryptocurrency growth. If so, then it is likely that Bitcoin will return to 35000 or higher, otherwise, it will decline to 26500 and lower.
This content is for informational purposes only and is not intended to be investing advice.
