BTC descending channel, inevitable 10k
#BTC/USD
BTC inside a bearish channel.
price is inside support zone.
🐮🐻 holding this zone as support can increase price to resistance around
25K which is the same with middle zone of descending channel.
- and make another bearish flag for more drop to
14K and 10k.
🐻 breaking down from this support zone, will dump it sooner toward 14k.
so I think touching 10k is inevitable and will happen sooner or later.
BTC inside a bearish channel.price is inside support zone.
🐮🐻 holding this zone as support can increase price to resistance around
25K which is the same with middle zone of descending channel.- and make another bearish flag for more drop to
14K and 10k.🐻 breaking down from this support zone, will dump it sooner toward 14k.
so I think touching 10k is inevitable and will happen sooner or later.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.