Bitcoin- I don't see much bounce from here
One thing is clear for me, the trend for Bitcoin is down (as for all the crypto market) and, as I don't dream of Lambos, I trade what I see.
And from a technical point of view, BtcUsd broke down the symmetrical triangle that contained the price and now it should continue down.
From 30k-31k support, we have now a normal bounce but in my opinion, will be just an anemic one and not a reversal.
The target for the triangle is 25 and this should be reached very quickly when/if 30 will be broken with a lot of SLs under this zone and the lack of buying
And from a technical point of view, BtcUsd broke down the symmetrical triangle that contained the price and now it should continue down.
From 30k-31k support, we have now a normal bounce but in my opinion, will be just an anemic one and not a reversal.
The target for the triangle is 25 and this should be reached very quickly when/if 30 will be broken with a lot of SLs under this zone and the lack of buying
📈 Forex & XAU/USD Channel:
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💎 Crypto Channel:
t.me/FanCryptocurrency
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t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Bust your trading with 50% deposit bonus:
secure.m4markets.com/links/go/5426
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