BITCOIN : Btc/usdt Inverted Cup shape

By INVESTRONE
BTCUSDTsnapshot

Hi , Trader's as per my analysis , inverted Cup shape chart pattern forming Which indicate

Bearish reversal pattern , if this is the case than market could fall to 20k area again

There is significant profit booking at area of 28K buyer's exit there long position's

400m$ long position's exited till now from 28k area , which indicate's powerful reversal

Maximum 30k will be the target for btc .

Market need's to break 30k and candle of 4hr or daily closes above that point with good volume than market can keep it's bullish bias
binancebitcoinpriceChart PatternscoinscryptomarketTechnical IndicatorsInverted Cup and HandlemarketalpharevrsalTrend Analysistrendtradingusdt
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