Will BTCUSD fall after testing resistance levels (red zone)?
If BTCUSD price fails to break the resistance level of $51,000-53,000, it may start a new downside. The first target on the downside is the trend line near $49000. a break of the short-term trend line on the downside may start a new decline, and the next stop for the bears may be $44000.
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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.