Bitcoin price technical analysis-Aug 22-25th 2020

Bitcoin Price Technical Analysis in 4h time frame. During last weekends, the price of bitcoin has dropped below MA 50 in 4h time frame, so on 22nd Aug, there is a plunge which created the lowest price since 14th Aug.

In the short term, short will be the market majority.

The strong support below 11, 400 is 11, 000 and 10,520; the strong resistance above 11, 800 is 12, 330 and 12,490.

📍NOT FINANCIAL ADVICE📍

Correct me, if I am wrong.

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