Sun, Dec 04, 2022 @ 08:29 GMT
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BITCOIN Bearish Consolidation

Bitcoin has surged strongly last week. Hourly resistance can be found at 3000 (12/06/2017 high) and hourly support is given at 2615 (21/07/2017 low). Expected to show further retracement.

In the long-term, the digital currency has had an exponential growth. There are decent likelihood that the asset will consolidate above $1500. Long-term support is given at $1464 (04/05/2017 low).

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