BitcoinUpdated Why BTC crashed
if you've been looking at the market today, you saw a huge dump in btc where the price ranged from 38k to 35.5k in around 15 minutes.
That chart explains it all. The price hit the resistance of that falling channel on the daily time frame which we've been in it for 27 days now. that falling channel may indicate a reversal in price if we broke upwards or could break downwards we will see lower lows.
hope for the best!
That chart explains it all. The price hit the resistance of that falling channel on the daily time frame which we've been in it for 27 days now. that falling channel may indicate a reversal in price if we broke upwards or could break downwards we will see lower lows.
hope for the best!
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the price broke downwards
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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.