In the most recent events, Bitcoin has touched the lower levels of the resistance zones before it continued to go down. This gives us two likely scenario, both of which are indicating Bitcoin is going lower.
The first one is that, from here, Bitcoin just decides to go lower, without going up again. The second scenario is that Bitcoin will make a slightly higher high, touching the upper part of the resistance zones.
It is possible that we've already seen the bottom of this market. Therefore there is a possibilty that we won't see a break of the 15k support level. However, with the
SPX
falling, it seems more likely that the bottom is not in yet.
The first one is that, from here, Bitcoin just decides to go lower, without going up again. The second scenario is that Bitcoin will make a slightly higher high, touching the upper part of the resistance zones.
It is possible that we've already seen the bottom of this market. Therefore there is a possibilty that we won't see a break of the 15k support level. However, with the
SPX
falling, it seems more likely that the bottom is not in yet.