#BitcoinBounceBack
As of now by looking into the price action chart I don't find any concrete sign of $BTC Bouncing back
As it is clearly forming lower Highs and lower lows on 1 day timeframe and MA Crossover is also towards downside
I won't go long on it unless any new price action chart is formed signalling upwards movement
on the other hand if we look the chart in 1 hour time frame then here also there is no strong signal which may indicate that Bitcoin price is likely to rise
rather it is moving in a flat zone, so here my view on BTC is Bearish with Strong support near 68k and Resistance Near 86k
Right now I would prefer to wait for the right signal.
