$bitcoin has reached its resistance level 10380 on 1st June. In this week, it is in the process of consolidation and a new trend will appear soon.
Right now, since Bitcoin is still in the range,
if it touches the resistance level (red trend line), it will encounter high level of resistance. However, once it crosses over 10500, it will start a new bull market.
And if Bitcoin will fall again, it may search for the supporting level. (Blue trend line)
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HKUSASTOCK
A trader in US&HK STOCK Market, as well as cryptocurrency.
Telegram Channel: @hkusastock
Twitter account: @hkusastock
Right now, since Bitcoin is still in the range,
if it touches the resistance level (red trend line), it will encounter high level of resistance. However, once it crosses over 10500, it will start a new bull market.
And if Bitcoin will fall again, it may search for the supporting level. (Blue trend line)
----------------------------------------------------------------------------
HKUSASTOCK
A trader in US&HK STOCK Market, as well as cryptocurrency.
Telegram Channel: @hkusastock
Twitter account: @hkusastock