BTC/USD Forecast: Bitcoin Settles Down

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If we can take out the bottom of the hammer from the Monday session, then it is likely we could go looking towards the $30,000 level underneath. bitcoinprice BTCUSD bitcoinpricepredictions

The last four days have been nothing but chop, and therefore you could say that we are at least trying to set up the consolidation in order to build up a little bit of a basing pattern.That being said whether or not we can hang on to the $35,000 level, the market would more than likely be focusing on that.

To the downside, if we can take out the bottom of the hammer from the Monday session, then it is likely we could go looking towards the $30,000 level underneath. If that is going to be the case, people will be out there accumulating massive amounts of Bitcoin for the next bullish run.

 

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