The Sandbox
We are still in a Sandbox like Jun 2021
touched 3 times bottom of the box and 3 times top of the box
2 Scenario is possible:
1. a Death Cross (ma50/ma200) like Jun 2021 , break down to 40k Support
2. break up the Sandbox to 53k resistance and a parabolic move in Q1 2022
but we should Retest descending trend line (white line)
What do you Think?
sort term bear flag broken to upper side but descending channel is still alive.
market sentiment is weak and we will see 40k soon probably.
if descending channel will be broke we can see 53k resistance but i dont think :)
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40k ?!
![BTCUSDT: The Sandbox 2 [40k or 53k ?!]](https://s3.tradingview.com/x/xUEZWwRP_mid.png "The Sandbox 2 [40k or 53k ?!]")
