Bitcoin- Back again under support

22 בנוב׳ 2021

After reaching a low in 56k zone, as normal, Bitcoin has corrected to the upside and even tried to conquer back 60k important figure.
The cryptocurrency failed in this attempt and now is trading back under important 58.500 zone support.
This fail has strong bearish connotations and I expect a revisit of 56k, now support.
My medium-term target remains 52k
Sell rallies against 60k can be a good option now