BTC looking for a big play.
BTC has been on a weekly downtrend for several months, we are entering another decisive zone on the daily/weekly chart. A break down of this zone would leave us with a nasty bearish flag. In this scenario we will test previous support/resist levels from 2019 of 13000. In the event we breakout from this weekly downtrend (red trendline) I think we will test the levels of 28000. In the event this is used as resistance we could expect as further bearish continuation to the aforementioned level of 13000. However, in the event of rising above the level of 28000 and using it as support firmly, I would once again be confident of a bullish market.
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