Bitcoin
Giá xuống

BTCUSD Bear scenario .

Price forming bear Wedge.
-Suppy zone in 11.791,00 ~ aprox.
-drop target 10.552,00 USD$.

*Waiting for retest , and rejection candle.

Fundamentals :

The Chinese province of Sichuan that used to provide a high percentage of hash power for the Bitcoin network has been flooded, this has caused a rise in the cost of gas, in btc transactions and also a drop in the demand for BTC.
Is this the time to abandon the proof of work? We are about to know them in the times to come.

Chart PatternsFundamental AnalysisTrend Analysis

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