BTCUSD Bitcoin Analysis

BTCUSD Bitcoin Analysis

Time Frame : 15 Min Chart

Watch for Sell Entry Setup

Bitcoin may be on the ropes after a washout of the highs at 55300. We would expect the move will make holders nervous and some looking to lock in some gains expecting another selloff. Watching now for a washout of 54930 and more weakness to see up a sell opportunity and run down into 53950 and potentially below.

Cryptocurrency Pair : BTCUSD

Current Price : 54886

Status : On watch for a sell entry setup