Here is the potential short term movement on BTCUSD
Even with the drop in price yesterday after the SEC opened a case against binance and multiple cryptocurrencies
Bitcoin is still trading in the channel which is good for investors and traders
I still see a possible rise in price if there are not any more damaging new.
The next resistance is at 28100 and the next support is at 25000
If the price drops below 25000 WE ARE IN DANGER
Even with the drop in price yesterday after the SEC opened a case against binance and multiple cryptocurrencies
Bitcoin is still trading in the channel which is good for investors and traders
I still see a possible rise in price if there are not any more damaging new.
The next resistance is at 28100 and the next support is at 25000
If the price drops below 25000 WE ARE IN DANGER