BTC breakdown from descending wedge and is sitting on lt support
BTC has been struggling to maintain 23k and broke down to 22.8 today.
It's held up by a long tf support line @ 22.8k, and the upward trend line it has been riding.
If 22.8 is broken, most assets will probably fall.
Again, the earnings recession may bleed through all markets and halt the rally. Many are looking for 28k-30k, and usually things turn around just a little early.
Stay safe out there.
This could go either way.
It's held up by a long tf support line @ 22.8k, and the upward trend line it has been riding.
If 22.8 is broken, most assets will probably fall.
Again, the earnings recession may bleed through all markets and halt the rally. Many are looking for 28k-30k, and usually things turn around just a little early.
Stay safe out there.
This could go either way.
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False break out and success!