BTC/USDT updateBefore the correction, we had already shared the most probable scenario for #BTC in Spot Club and, with a slight delay, in this channel. As expected, the price dropped around 11% in spot within wave C, leading to significant liquidity being absorbed in the market.
However, we had already warned tarde-ai.bot members about this potential move in advance.
We still consider our previous outlook as the most probable scenario for Bitcoin's next move. If our perspective changes, we will update the analysis accordingly.
Btcsingal
Bitcoin to recover before dipping to 29K zoneBitcoin has been moving south for sometime now and is marred by dips after dips.
Going by the pattern looks like the damage is far from over. Bitcoin is currently moving in a symmetrical triangle and is moving towards the last point on the chart at point E.
Once it reaches point E, it should start dipping and next support it can find is at 29K zone.
At this speed it will take couple of months atleast for Bitcoin to come back to the stable position.
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Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely