FX.co ★ Bitcoin to Test Nearest Clean Low: analysis for March 23, 2020.

During the coronavirus crisis, bitcoin is trading under selling pressure. This week, the most popular cryptocurrency seems to be going to test the nearest Liquidity Pool at the Clean Low $5,605.90 as the primary target and $4,973.75 as the secondary target. As long as Bitcoin does not rebound and closes above $6,741.45, then definitely Bitcoin will continue with the previous downtrend to test the next Weekly Liquidity Pool at $3,940.36.

The overall bias of bitcoin is bearish.

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