Bitcoin broke upward channel and now trades in downtrend trend
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As we expected in our previous ideas bitcoin fell down from 23500 to almost 20500.
Bitcoin broke upward channel which was created few months ago.
For now btc trades in downward trend and decline and decline.
That's why I think that price will continue fall and maybe soon price will back below 20000 USD.
About targets, 1st target is current support level and local low 20750.
And 2nd target is already below 20k support level is 19750 USD.
So, I think bitcoin for now will continue decline.
Also feel free to check my previous idea in which I wrote that we should expect bitcoin fall soon and as you know this happened.
I expect this scenario, so be prepare for next movements.
Thanks for your time, we hope our work is good for you, and you are satisfied, wish you a good day and big profits.
As we expected in our previous ideas bitcoin fell down from 23500 to almost 20500.
Bitcoin broke upward channel which was created few months ago.
For now btc trades in downward trend and decline and decline.
That's why I think that price will continue fall and maybe soon price will back below 20000 USD.
About targets, 1st target is current support level and local low 20750.
And 2nd target is already below 20k support level is 19750 USD.
So, I think bitcoin for now will continue decline.
Also feel free to check my previous idea in which I wrote that we should expect bitcoin fall soon and as you know this happened.
I expect this scenario, so be prepare for next movements.
Thanks for your time, we hope our work is good for you, and you are satisfied, wish you a good day and big profits.
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