There are Chances that Bitcoin Price Drop to $13.8K

News • 2020/11/18 • 沿って

It seems there are no longer barriers between BTC and the all-time high following the recent pump. However, there are chances that there will be a huge price drop of BTC.

So much risk is attached to the BTC pump we have been seeing.The uptrend of Bitcoin has been surprising, and it keeps reaching different yearly high day after day. The price increase and diverging volume decrease is also a major indicator of potential price fall. From the look of things from three different indicators, the Bitcoin price might fall to about $13,868.

## Major Signals

There might be a MACD bearish crossover that will lead to a downside correction
Price is going higher, and the decreasing volume could result in a downtrend
Inverse Head and shoulder pattern signals a downtrend.

The inverse head and shoulder pattern have shown how overstretched the leading crypto is and how the pattern could lead to a correction.

Do you think the three indicators can determine the price fall? Share your opinion in the comment section.

コメント (3)

ゲスト

visiblemoney

6年前

No! The market reality is different from speculations and hype that propels it. BTC will follow bull run!

andrei12

6年前

it will bounce right back, there are a lot of buyers waiting for opportunities

ajii12

6年前

i dont think it will drop by so much

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There are Chances that Bitcoin Price Drop to $13.8K

It seems there are no longer barriers between BTC and the all-time high following the recent pump. However, there are chances that there will be a huge price drop of BTC.

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