Bitcoin is below $ 20.000 for the first time this morning and the downward trend continues until bitcoin finds great support.
As you can see in the technical analysis on bitcoin we are currently at a strong level that we should not miss because the next level we should look at is the 300 MA which is at $ 16.600 in purple and is a level that we had stopped in 2020 when the Covid crash took place. Also rsi is at sell-off levels which is something we have not seen at such low levels where what it shows us is that we are trading very low levels and we should see a slight increase even to the resistance levels which are at $ 25000.
????DISCLAIMER: Cryptocurrency trading is VERY dangerous. Make sure you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice. You are responsible for what you do with your money.????