Hello, community members welcome to another BTC/USDT chart update.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As its evident from the above mentioned chart that bears took charge and BTC fallen down from the 0.618 fib level after printing a bearish flag.
BTC dumped almost 14% from the breakdown level of a bearish flag.
If we consider HTF then BTC is continually falling downside after recording a new ATH of 68K.
Now, as we all know BTC never retested its previous ATH ever, but this time BTC printing a different scenario.
This time BTC heading towards its previous ATH which is $19k.
BTC have also a support rage of $18k - $19k, and we can see a bounce from that level in upcoming days.
Candle close below the support zone will lead BTC more downside towards $12k price level.
Let's see how BTC performes in upcoming days.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As its evident from the above mentioned chart that bears took charge and BTC fallen down from the 0.618 fib level after printing a bearish flag.
BTC dumped almost 14% from the breakdown level of a bearish flag.
If we consider HTF then BTC is continually falling downside after recording a new ATH of 68K.
Now, as we all know BTC never retested its previous ATH ever, but this time BTC printing a different scenario.
This time BTC heading towards its previous ATH which is $19k.
BTC have also a support rage of $18k - $19k, and we can see a bounce from that level in upcoming days.
Candle close below the support zone will lead BTC more downside towards $12k price level.
Let's see how BTC performes in upcoming days.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
