Bitcoin (BTC) H1 CHART
Bitcoin (BTC) D1 CHART
Bitcoin (BTC) MN CHART
Current price: 7205.65 USD
- BTC looks bearish below 8060 USD
- Bitcoin price shout up 800+% in a year
- Abnormally strong breakaway from High Period EMAs on Weekly and Monthly Charts. That might be interpreted as a strong sign of bubble formation in the market.
- November Bitcoin “Hard Fork” wasn’t triggered cryptocurrency price breakout above 8000$ (psychological level).
- Cryptocurrencies still have an unregulated space. A lot of fraud schemes are around World Wide Web.
- Huge Government and Regulatory Risk inside. Nowadays due to the lack of government control, terrorists and extortionists are also utilizing the cryptocurrency space to their advantage.
- Difficulties in cashouts of large amounts of cryptocurrencies. Not good for big Bitcoin holders and Crypto Market players.