Bitcoin / TetherUSShort
BTC making alternate bat target $36,161
BTC is in process of developing alternate bat harmonic. Since we are in bearish trend so we use bullish harmonics for downward price projection. This harmonic will complete at $36,161. This harmonic will most likely complete because if we look at 4H chart, We see a death cross happening in a day which will lead to more downside. Oscillators on 12H are way over-sold but that don't matter when market is entirely bearish. Maybe just MAYBE we will see a slight bounce to $40800 or even a fake out towards 
42K and then it will be just downward momentum. Although upside seems highly unlikely but I am giving benefit of the doubt to over-sold oscillators.
42K and then it will be just downward momentum. Although upside seems highly unlikely but I am giving benefit of the doubt to over-sold oscillators.
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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.