Hey guys,
We are back with BTC overview.
We sow that BTC failed to break $21700 zone and came down to 20K đź‘€. For now we have decided to short the BTC to 18.5K after what we should witness a nice pullback. What is the reason behind that you might ask?
Firstly - we see that major support is at 18.5K.
Secondly - by reaching 18.5K we are going to see "Double Bottom" pattern.
Thirdly - Failed to break several times the $21700 line.
Yours Sincerely,
Swallow Team
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.