Bitcoin price is in danger zone and may fall

    Падение биткоина
    Bitcoin crash

    Bitcoin is trading at $ 9,100, located on the lower border of the rising channel. A breakdown of this level can lead to a strong drop up to $ 6,000.

    Дневной график биткоина
    Bitcoin daily chart

    The current market situation looks good for buyers, because the chart still draws higher lows and highs. But BTC has tried unsuccessfully several times to break above $ 10,000 and the strength of the bulls is now running out.

    If the bears take revenge and the price falls out of the rising channel, then the fall can last up to the range of $ 6,000 - $ 5,800. Intermediate support can be the level of $ 7,700 - $ 7,500.

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