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A Sharp Dump Into Bitcoin, $9800 Is An Important Support Level Now !!

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@thecrytotrader
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Hello All Dear Hivers,


From last 2 months Bitcoin and other altcoins are performing so well and most of us was thought that it is it and now this market will go up and up only.

But today something weird happened with Bitcoin and I am not saying this weird because this is kind of a faza of the market that is called correction.

Let's have a look on the charts.



As you can see the Bull market dumped very sharply and quickly,

9800 dollar is really important support line for Bitcoin and if it broke through then we might see for the dump of 9300 dollars that is the another safe area.

if you are here for short term trading then you must use stop loss to avoid any kind of big loss.

If you are here for some mid term to long term trading then I don't think that any kind of worry is required for now.

what do you think about the next move of Bitcoin let me know in the comments below.




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