As expected in my previous analysis, BTC moves to the downside and as of now price slide almost 40% below. My forecast still on bearish bias because the price keep making Lower Lows and there's no buying momentum to go long on Bitcoin. Price possible to land once again at USD 30k area since that area already tested before this and it is in line with support area. My short entry around USD 40k if the price retrace and could hold on that area.
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Revised entry/decision point
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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.