Bitcoin
Short

BTC ab=cd to 16k

By parissap
#BTC/USDT
BTC is inside a descending parallel channel.
there is a support zone between 33k and $28800 that is the same with middle line of this channel, that bulls 🐮 need to hold to start a new rally.

🐻 break down from the middle line can drop price to lower line of channel and help to complete AB=CD pattern between 16k and 8k.
abcd_patternAB=CDBitcoin (Cryptocurrency)bitcoinanalysisBTCBTCUSDTFibonacci RetracementParallel ChannelparallelchannelsSupport and Resistancesupportandresistancezones
parissap

Disclaimer