Bitcoin / TetherUSShort
Btc not find and resistance still now dump mor to except 80000 k
Bitcoin (BTC) has recently experienced a significant decline, falling below the $86,000 mark. This downturn has been influenced by various factors, including geopolitical tensions and market volatility. Notably, President Trump's recent tariff policies have contributed to a bearish sentiment in the cryptocurrency market.
Technical analysis indicates that Bitcoin has breached key support levels, with the next potential support zone identified between $72,000 and $74,000. For a bullish reversal, the price would need to reclaim the $89,000 to $90,000 range. Additionally, a double-top pattern has formed on the daily chart, suggesting potential for further downside if the current trend continues.
It's important to note that market conditions are highly dynamic, and cryptocurrency prices can be influenced by a multitude of factors. Investors should exercise caution and stay informed about both technical indicators and broader market developments.
Please 🙏 stay away from long trade still you can add stop lose also but please only use 2 percentage of your portfolio. Every person is responsible for their own trade. I am not responsible for anyone's trade. Thank you.
Technical analysis indicates that Bitcoin has breached key support levels, with the next potential support zone identified between $72,000 and $74,000. For a bullish reversal, the price would need to reclaim the $89,000 to $90,000 range. Additionally, a double-top pattern has formed on the daily chart, suggesting potential for further downside if the current trend continues.
It's important to note that market conditions are highly dynamic, and cryptocurrency prices can be influenced by a multitude of factors. Investors should exercise caution and stay informed about both technical indicators and broader market developments.
Please 🙏 stay away from long trade still you can add stop lose also but please only use 2 percentage of your portfolio. Every person is responsible for their own trade. I am not responsible for anyone's trade. Thank you.
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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.