The bit has reached the supply area and there is a risk that you will get long. In my opinion, the downward trend has just started
From the point of view of Smart Money, we have to see at what price the institutions enter so that it is worth buying. I hope we can start the upward trend from 18 What do you think?
As you can see, it is a downward trend and you should still wear shorts in every pullback until it stabilizes above 28.
The market's goal is to create liquidity to settle, and after the arrival of banks, the short-term rise of bitcoin begins.
The short-term trend of the bit is short-term upward in order for the chart and trend to be valid, but in the long run, unfortunately, it may reach the price of twenty thousand dollars and even lower. Each pull-up upwards means shorts