BTC another drop or growth is coming ?
Updated
BTC / USDT
Welcome all for my new BTC analysis,
After a long boring period of low volatility price made a big move yesterday with more than 800M liquidation ‼️ ,so lets jump to the analysis,
The Price dropped hard after losing the bullish dotted trendline to finally reach the weekly demand directly and also the moving average so this is strong support
✳️ What next ?
After a few consolidations We see upcoming bullish wave (or a bounce)That can visit 30k again
The invalidation: losing 24k ❌
✳️ Summary:
1- saving 24k => 30k
2- Losing 24k => another drop and closest target is 20k or even lower
Don’t forget to like this idea and follow for more analysis/ signals, Have a good day
Welcome all for my new BTC analysis,
After a long boring period of low volatility price made a big move yesterday with more than 800M liquidation ‼️ ,so lets jump to the analysis,
The Price dropped hard after losing the bullish dotted trendline to finally reach the weekly demand directly and also the moving average so this is strong support
✳️ What next ?
After a few consolidations We see upcoming bullish wave (or a bounce)That can visit 30k again
The invalidation: losing 24k ❌
✳️ Summary:
1- saving 24k => 30k
2- Losing 24k => another drop and closest target is 20k or even lower
Don’t forget to like this idea and follow for more analysis/ signals, Have a good day
Note
Its expected for price to be in sideway for few days or weeks before the next actionNote
Will BTC save the weekly support or not ?Share your thoughts with us in comments section below ⬇️
Note
#BTC UPDATEAs expected ✅✅✅
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