BTC got the previous high of 70k early March forming a double top indicating a potential change of trend to the downside.
Hammer candle stick forming on the DTF could indicate confirmation for a Bear run.
Short movement all the way down to 50k and if there a major break on the zone we may see price moving all the way down to 30k
That is 26% on the first move and over 50% on the second move.
Interested to go in on BTC? Take a chill pill for price to reach 50k or 30k.
Please note this is a personal analysis.
Hammer candle stick forming on the DTF could indicate confirmation for a Bear run.
Short movement all the way down to 50k and if there a major break on the zone we may see price moving all the way down to 30k
That is 26% on the first move and over 50% on the second move.
Interested to go in on BTC? Take a chill pill for price to reach 50k or 30k.
Please note this is a personal analysis.
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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.