Technical analysis of BTC/USD 05/10/2022
Bitcoin fell to the key support zone of 30,000, having renewed a low at 29,700 and is currently trading in the 31,500 area.
If the price fixes below 30,000, this will mean a transition to a downtrend with the target at 20,000 area.
The nearest resistance is level of 34,000 (23.6% Fibo).
Created by Joshua Hayn
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