Bitcoin is much stable in the zone with bearish trend on chart 28750-29500$

All these are buzzi g around news regarding blackrock ETF and the plan blackrock about to invest in bitcoin but we can see on chart bitcoin behave weak and about to breakdown the support level.

Technical Analysis

The technical analysis clearly shows the bitcoin is about to breakdown on chart once if it us falldown below 28730$ it will come down to 24830$.

The frame cleaely rell where is support.

I guess when everyone is thinking about bull rally market will behave as opposite.

The big whales are still waiting to be clear the regulation procedures to invest appropriately in the sound technology.

Recently the meta stock rallies clearly shows that the revival rally is coming in the market or it is pending which will be soon convert into a diwnfall as patience is over for retailers.

What you think whether the bull is coming or crypto will take a break for more few months.



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