Bitcoin was supported on 1/3 Gann fan , it formed a descending triangle which determines its next move,as you can see losing Gann fan support means a drastic fall in next channel,at this moment BTC couldn't break the triangle upward.after losing 46K support I see 42K as the next target .
Note
First target is reached.Now we should wait a bit in 1/3 key level of Gann Fan to see what is our next target
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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.