Bitcoin is following down trend 📉
Market took bounce in last four hours, market went down to $22737 roughly. But now it is going a little above. it is roughly above by 2.25%.
This time Bitcoin is following down trend. It's from chart. If we see the broader picture of Bitcoin. There is question about Bitcoin that if Bitcoin will move down from now ? So the zone on which we have to keep an eye is from 21500 to 21200 dollars which is important zone in deciding the result for broader picture. There are always two possibilities in cryptocurrency wether it would be going up or down so same are here. To get settle down the Bitcoin will take fifteen to twenty days. If we observe the weekly trend of Bitcoin we will see that it was following down trend in initial time and suddenly Bitcoin broke the down trend and it went up.weekly analysis is depicting that it should go in up trend which it was following lately. Support and resistance areas in determining the chart of any cryptocurrency are important because they are fruitful in determining the price of those cryptocurrency and no one can precisely say the amount. At the end of the, day everyone is giving Information about crypto currencies according to his/her own perception.
If we see the Ethereum cryptocurrency then we will see that Ethereum is also following the same down trend just like Bitcoin. But it is hedge long and it is standing on support point. In both cryptocurrency, rejection chances are more. This time polygon is driving so hard.
So this is all for today's article ; I hope it was informative for some of the people I brought analysis report according to my own perception and now it all yours . I wrote article after so long I took break because of so many things going on in my personal life. Earning doesn't really matter the thing which matters the most is the grooming of a person on personal level and writing is the one which gives me ability to think and to consolidate all the points together. From now, i am fully plan oriented and I am motivated after seeing wonderful writings of users on this platform and I am pondering over it that I must write on daily basis just the think which I need is motivation and that would be internal motivation which is important.