Community post
Where is bitcoin heading?
A lot of confused scenarios in the market right now, a green market which we saw past a few days now looks like going. Not completely because every single coin RSI is heavily overbought and they might do a little correction now!
Bitcoin is very volatile right now, the drop is expected but 40% chances are still in the sight!
Next possible bearish support levels are 6250!
And if we jump from the current levels then it can go up to 6800!
But we need to see the volume and the market reaction within a few hours, meanwhile keep an eye on the support level (6450$) if this breaks and 1h candle closes below this level then we are going down!
And what do you think?
Replies (2)
Bitcoin to the moon
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