Bitcoin have big chances decline to botom part of rising channel
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in comments, we will try to answer for all, thank you guys.
Bitcoin still trades inside big upward channel from 18th june.
Price is very close to local support line.
And looks like btc ready to break support line any minute.
I think we can see small pullback to 23400-23700 and then price can break support line.
If or when price will break support line and will decline I see main target at 22.000 USD
Level 22k coincide with support line and bottom part of big rising channel, so it looks like strong support.
So, I think bitcoin for now can continue decline.
I expect this scenario, so be prepare for next movements.
Thanks for your time, we hope our work is good for you, and you are satisfied, wish you a good day and big profits.
Bitcoin still trades inside big upward channel from 18th june.
Price is very close to local support line.
And looks like btc ready to break support line any minute.
I think we can see small pullback to 23400-23700 and then price can break support line.
If or when price will break support line and will decline I see main target at 22.000 USD
Level 22k coincide with support line and bottom part of big rising channel, so it looks like strong support.
So, I think bitcoin for now can continue decline.
I expect this scenario, so be prepare for next movements.
Thanks for your time, we hope our work is good for you, and you are satisfied, wish you a good day and big profits.
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.