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If they can sink the BTC/USD pair below $9,835.20, there is a minor support at $9,540, which is close to the large symmetrical triangle and is also the target objective of the head and shoulders breakdown. 

If this support also cracks, a drop to $9,000 and then to $8,000 is possible. Such a move will shatter sentiment and could drive away buyers. 

This bearish view will be invalidated if the bulls can push the price above $11,000 and sustain it.
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User's avatar
@ClDvor posted 2 years ago

Comments

Well for me, I think whatever has an advantage definitely have a disadvantage. Should btc drops to $8k, this should be an advantage to those that are yet to delve into it and buy, in the other hand, a disadvantage to already hodlers🤭

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User's avatar Diamondrich
2 years ago

Bitcoin and etherium have high transaction fees. They are hard to mine too. I'll stick to Bitcoin cash.

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User's avatar errolmoako I am a thief who steals articles and claim it as my own
2 years ago

Exactly

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User's avatar ClDvor
2 years ago

And the process is so long. Unlike Bitcoin cash the process is seamless and with lesser transaction fees.

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User's avatar errolmoako I am a thief who steals articles and claim it as my own
2 years ago
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