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Welcome to this BTC /USDT update. BTC is not looking good here. A war situation is going on between Russia and Ukraine and because of this news the whole world's market dropping badly. I pray for the safety of everyone whoever facing the war situation.
Now, let's get to the chart. BTC breaks below the broadening falling wedge in 2hr time frame and does not look good here. However, we have a little support at $34,500 but if this support is also broken then ready for 30k
Looks like BTC is going to test our important and last support zone of 28k-30k and after that, we might see a good bounce.
Till then stay safe and don't open any new positions.
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