A couple of days ago I made an analysis where I discussed BTC's short-term support and the bearish targets I had for when the support broke. See below.
As of now, BTC fell right through the support and we're prone for more selling ahead, potentially even a capitulation below $17.6k. September is historically crypto's worst month, so be mindful for a lot more bearish price action.
Targets for now are placed at recent lows.
As of now, BTC fell right through the support and we're prone for more selling ahead, potentially even a capitulation below $17.6k. September is historically crypto's worst month, so be mindful for a lot more bearish price action.
Targets for now are placed at recent lows.
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
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.