Critical BTC price action
Hey,
I have a few scenarios that could go down with BTC
s1: we complete the double bottom and move back up, bouncing from 19k
s2: we complete the 1:1 retracement from the top of the structure ( 65k ) and bounce back up from around 16-17k (very strong support)
s3: we bust through and drop to the nearest support which is 12k and we will see from there
s4: we go all the way down to 9-10k and see from there
It's very basic TA, I know, but I would love to hear what you think.
Thanks!
I have a few scenarios that could go down with BTC
s1: we complete the double bottom and move back up, bouncing from 19k
s2: we complete the 1:1 retracement from the top of the structure ( 65k ) and bounce back up from around 16-17k (very strong support)
s3: we bust through and drop to the nearest support which is 12k and we will see from there
s4: we go all the way down to 9-10k and see from there
It's very basic TA, I know, but I would love to hear what you think.
Thanks!
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