Bitcoin Price Weekly Update: 21th June – 27th June 2021

The almighty bitcoin has fallen. Now we are at the cross-road of the next bitcoin plunge. If you are scared already of losing your investments then you might want to save the little you have.
For about 2weeks in a row, bitcoin price has really been consolidating, moving between price levels $30,921 and $40,855. This is a whole $10,000 swing and trusts me a lot of smart traders made money from this swing. Nevertheless, the trend for bitcoin price movement is confirmed downwards and will certainly still move downwards the more.
The next support for bitcoin price is around $24,000 which will be the next stop for another major confluence.
As mentioned earlier in our previous post. you can basically profit from the pullbacks of bitcoin price when it touches major support areas.

Looking at the technical indicators:Major Support Level – $30,921

Major Resistance Level – $40,855

Our Recommended Exchanges for placing Crypto Trades

for USD/BTC:Binance (Visit Site)   (Read Review)for Naira/BTC: Quidax (Visit Site)   (Read Review)Luno   (Visit Site)   (Read Review)If you have any questions, leave them in the comment section below. Disclaimer: This article is in no way a financial advisor for your trading. Any action taken in this regard is done at your own risk. Nigerian Bitcoin Community is not liable for any loss or gain as a result of the application of this content. We advise you to do your own research.

The post Bitcoin Price Weekly Update: 21th June – 27th June 2021 appeared first on NIGERIA BITCOIN COMMUNITY.


Written by:

25 Posts

View All Posts
Follow Me :