BTC - Support line at 8200$ broken

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Hello all,

Here is the chart of my last analysis :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

After the start of the drop yesterday, we broke the support line at 8200$ on the chart. However, you can see clearly that the drop is becoming less and less powerfull. I wouldn't be surprised to see soon a bounce from that drop which will send us just upper than last support line and save that support line. if we have a new important drop, it would confirmed that this support line is really broken and that we will go again in the direction of the 7400$.

I wish you massive profits,
Cryptopassion.io

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Legal Disclaimer : Never invest more than what you can afford to lose. I am not a financial advisor and the content in this article is not a financial advice. This post is for informational purposes only and provides only my personal opinion. It is important that you do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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