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1wbtc

BTC USDT 1W Shorthello everyone. Due to the following reasons, I predict a downtrend of Bitcoin in the Weekly time frame : 1- as you see from now 2022 until aug 2024 , price and volume trend is opposite. 2- Mfi has moved below the 50 line. 3- in large channel we can see that price can move down at least to midline ( about 54000) and in the other zones ( 48 , 42 , 32 ) 4- in small channel we can see that the price easily can move down to about 48. As you know the market has no definite trend but in my idea , probability of a downtrend is greater than the probability of an the probability of an uptrend.
Short
by omidesf

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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