Bitcoin / TetherUSShort
BTC can break support level and decline to 26000
Hello traders, I want share with you my opinion about Bitcoin. Looking the chart, we can see that firstly price fell below seller zone and then tried back up to there and fix, but failed and fell to support level, which coincide with support area. After this, BTC bounced back to seller zone, but at a short time fell to current support level. A few moments later price fell to support area again. Then Btc started to rise inside upward channel, and after channel it fell below support area. But recently price bounced and back up and now trades near current support level. I think Bitcoin maybe can bounce down to this level and try to break it. Also, possibly, after breakout, price can make retest and continue to fall. For this case, I set my target at 26000 level. Please share this idea with your friends and click Boost 🚀
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🔷Join my telegram channel for free - bit.ly/4g4wovR
💰Want receive more profitable signals for Crypto & Forex market, write me 👉 bit.ly/4fNijD8
💰Want receive more profitable signals for Crypto & Forex market, write me 👉 bit.ly/4fNijD8
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.