#Bitcoin moving towards its current downtrend structure forming a falling wedge with a potential of 50% recovery from the down fall. 
BTCUSD
We can notice below 75K as a spring of the cycle and market declinations, however my insight is only for partial recovery due to ease of economic tensions between the tariff rates and bear market cycles - a cooling moment offers buying sentiment!
At the moment I consider the market accumulating for potential rally moves increasing #demand from over sold of the market.
Keep an eye on the 92K where I believe reactions of most sentiment will comes over this price.
Probability high, but always protect your margin from sudden changes.
This is idea and not financial advice
Join our society of FXDC
BTCUSD We can notice below 75K as a spring of the cycle and market declinations, however my insight is only for partial recovery due to ease of economic tensions between the tariff rates and bear market cycles - a cooling moment offers buying sentiment!
At the moment I consider the market accumulating for potential rally moves increasing #demand from over sold of the market.
Keep an eye on the 92K where I believe reactions of most sentiment will comes over this price.
Probability high, but always protect your margin from sudden changes.
This is idea and not financial advice
Join our society of FXDC
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.