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BTC to 38-40k then crash
Bitcoin
Short
BTC to 38-40k then crash
By PontusTrader
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May 4, 2023
3
May 4, 2023
This monthly gap up here is a magnet. Price will tap it shortly but there is too much confluence of bearish factors.
1 - Back test (pullback) to 6 year broken support
2 - Resistance trendline
3 - FVG gap
This is just on the monthly.
I might be wrong but hedging with shorts in that area is wise.
Bitcoin (Cryptocurrency)
BTC
Support and Resistance
PontusTrader
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