Bitcoin / TetherUSUpdated BTC will drop again in the next 2 days
Looking at all the drops of BTC in daily chart, the drop from April looks almost identical to the one from today.
Assuming my TA is correct, BTC will stay around current resistance at 50500 for the next 1-2 days and then drop again.
After the 2nd drop it should resume pattern.
Assuming my TA is correct, BTC will stay around current resistance at 50500 for the next 1-2 days and then drop again.
After the 2nd drop it should resume pattern.
Note
Update: after the recent wedge formation it appears to stay at around the 50,500 mark as predicted.Note
Drop started today!Probable new bottom = 46.5k
Trade active
Got 46.5kTrade active
long EP:44509SL: 43200
TP: 48300
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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.