Bitcoin / TetherUS
Short
Updated

BTCUSDT Bearish scenario

222
Typically market structure from book.
Maybe we'll see another bullish scenario if BTC breaks 54000 resistance !!
Note
The Descending Wedge was not completed because of "Tesla detour".
Because of this we saw a price of 60000 instead 54000, but the Bearish scenario continues. Support around 40000 was broken, so we'll probably see a price 30000 again with double bottom, which could be new bullish scenario.

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.