BTC GIVES LOWEST DAILY CLOSE OF 2022! WHAT'S NEXT??
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Welcome to this BTC update. After all the dramatic pump and dump because of FOMC, BTC price is again back to the same level. Currently, it is trading around 18.7k level.
BTC gives a lowest daily close of this bear market and looks like it is break below this descending triangle in the daily time frame. There is no bullish sign yet. However, this breakdown will give more confirmation when we get another daily close below that level. As of now thing are not looking good.
I'm expecting a new low soon. If BTC again gives a daily close inside the triangle or above 18.7k then things might change but till then stay cautious.
What do you think about this?
Do youu think we are ready to go for a new low or do you think that we again bounce from here?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
Welcome to this BTC update. After all the dramatic pump and dump because of FOMC, BTC price is again back to the same level. Currently, it is trading around 18.7k level.
BTC gives a lowest daily close of this bear market and looks like it is break below this descending triangle in the daily time frame. There is no bullish sign yet. However, this breakdown will give more confirmation when we get another daily close below that level. As of now thing are not looking good.
I'm expecting a new low soon. If BTC again gives a daily close inside the triangle or above 18.7k then things might change but till then stay cautious.
What do you think about this?
Do youu think we are ready to go for a new low or do you think that we again bounce from here?
Share your views in the comment section.
If you like this idea then do support it with like and follow.
Thank You!
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