Hi,
As can be seen in the chart a bearish triangle is forming and
BTC Is due for another major correction IMO.
The world now is full of uncertainty and in this situation people's risk tendencies decreases and put q selling pressure in the market and historically speakingBTC didn't go through major correction this time and i Think it's healthy for BTC price to go through correction(under $34k)phase in order to flipping aways sellers from new spirit buyers.
Note this is the work of private trader and is not a financial adivise.
As can be seen in the chart a bearish triangle is forming and
BTC Is due for another major correction IMO.The world now is full of uncertainty and in this situation people's risk tendencies decreases and put q selling pressure in the market and historically speaking
BTC didn't go through major correction this time and i Think it's healthy for BTC price to go through correction(under $34k)phase in order to flipping aways sellers from new spirit buyers.Note this is the work of private trader and is not a financial adivise.
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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.