BTC Bearish Scenario

30 thg 5, 2021

Currently, BTC has been respected for the huge parabolic resistance. Price is currently at 35K. The bullish scenario would be the price will break the 0.5 Fib level which is 48-46K and retest. The bearish scenario is respecting the parabolic resistance and rejection from 0.5 Fib and the price will eventually come down. BTC has never broken down the previous bull-run high hence expecting the range between 20-28K.