📈Which side you pick?
Bulls or Bears
Bitcoin (BTC) is currently forming a repetitive pattern. 📈 The price will test the identified support at the bottom of the channel, which could drive the price down toward the 86K-88K level. 📉
If the price drops below 92K, we may see a more significant decline into the 84K range, possibly accompanied by a long shadow reaching the 80-82K area (highlighted in red). 🔻🔍
🧐The Alternate scenario:
If the price stabilizes against the direction of the position below or above the trigger zone (92K), the setup will be canceled.
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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.
🚀Free Exclusive positions and Crypto tracking💎:
📲 Telegram: t.me/CrazyS_Tradingview_Analysis
Share the analysis & Spread the wealth✨
🖊Got Feedback? We're all ears!📚
🍀Ride this journey with us🥂
📲 Telegram: t.me/CrazyS_Tradingview_Analysis
Share the analysis & Spread the wealth✨
🖊Got Feedback? We're all ears!📚
🍀Ride this journey with us🥂
Related publications
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.