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FX.co ★ teagan.orn | #Bitcoin chart analysis

#Bitcoin chart analysis

#Bitcoin chart analysis

Yesterday's results of the Fed meeting significantly dampened optimism in the cryptocurrency market. The price of #Bitcoin dropped below the key level of 65000 yesterday, and today it continues to decline during the American session. Trading is currently taking place just below 64000, with risks of further price drop towards the key support level of 60000. If there is another attack on this level, there is a high probability of a further breakthrough downwards and a decrease in quotes towards 55000. Earlier, I mentioned the possibility of a drop to the range of 50-55 thousand per coin, where I anticipate the formation of the bottom of this crypto winter.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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