BTCUSD analysis
My analysis on BTCUSD 4hr chart, from 48k to 39k, we are clearly in the downtrend. Past 24hrs we are down 9% went through these two psychological levels. Looking at its behavior, I'm expecting for the market to from a lower high and dump or possibly it could consolidate. By analyzing the market, I am expecting for the market to respect the demand line pointed at, or it could hit the monthly demand line, or it could hit the yearly demand line. For this moment, if the market forms weak bullish candles it's because the market is forming a lower high and I'm taking another sell there. Good luck!
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