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Welcome to this quick BTC update.
BTC is forming a inverse Adam & Eve pattern which is generally a bearish pattern. Although it is not confirmed yet because BTC is still holding the $19,800 support level. Once it breaks below the $19,800 support we can expect it to reach 18k level.
If you want to open a short position then wait for the breaks below the 19,800 support area.
Invalidation Level:- If BTC breaks and close above $20,500 level then this pattern becomes invalidated.
What do you think about this? Do you also think we can see 18k from here or do you think we get a bounce from here? Share your views in the comment section.
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