BTCUSDT Bearish for this Week

11 Mac 2020

At the time of writing this prediction, Bitcoin broke through the Bearish Zone, creating a lower low, and this is a signal that the BTC will drop to 7200$ this week. The price quickly recovered, so the next three to four days may increase the BTC and approach resistance of 8400$. After testing this resistance, I expect a price rejection and the BTC will continue to drop down to the indicated Buy Zone ranging from 7300$ to 7200$. I take this level as a last chance to buy Bitcoin below $ 8,000.