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Down trend unless 63,400 holds.
Bitcoin / TetherUS
Down trend unless 63,400 holds.
By xXDauntlessXx
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May 14, 2024
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May 14, 2024
I want to see BTC Rise but the chart is very obvious right now when you zoom out.
The downtrend is easy to see and we can’t be emotional.
BUT
Did today’s little breakout smash through enough to possibly call for a reverse. The wedge was broken and the trend line was pierced…
Hard to say….
I think there is a flicker of hope if 63,400 becomes A support. I don’t see it yet. So until that time trend remains bearish.
Trend Analysis
xXDauntlessXx
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