BTC broke down last week from the upward channel and made a 10% dump which automatically put the financial asset in a downtrend. As they say, "follow the trend", we are to follow the direction provided by the financial asset where potential bearish target is at $39k. If you are a leveraged trader like myself, do not use more than 5x on this trade and put your stop...
Above Is Bitcoin Chart & It Expected Bearish Scenario.
The Green Lines Symbolizes Different Take Profit Targets For Advanced Traders As We Ride BTC Below $9k
10X Leverage📉