BTCUSD neutral

Bitcoin is under pressure

25 January 2022 351
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Bitcoin tries its best to consolidate itself above the support of 35 000.

This is reflected by represented in the chart 3 running reversal bullish patterns: the hammer, the Doji star and the morning star.

However, the downtrend, led to the decline of almost twice the price of cryptocurrency for 2 months, will hardly give a chance to Bitcoin.

Soon the confrontation between the support and the downtrend will be over and then the prospects of cryptocurrency will become clearer. 

This content is for informational purposes only and is not intended to be investing advice.

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