Market Circle Bottom
Hi Dear Friends !!!
I posted a Bullish scenario, we are looking at the 1week timeframe and RSI is in oversold position
but I used many other factors, which still did not work out and failed.
200W EMA is broken and Btc breakdown its major support area of 35300 and began a bearish momentum. Btc also dropped below $20,500 support.
The possibility it's very high that we can see the price to move up again with the potential reversal
area 20K.
However, in my opinion, 20K should hold strong as long as it is a very strong psychological number.
This is not financial advice and trade on your own risk
Thank you
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Regards
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