Retesting the downtrend from ATH's takes us below $40,000 (BTC)
Hello traders,
Sellers have breached the rising wedge that was formed over a month ago.
This might take several hours or several days to play out but I'm confident sooner or later this will continue down.
Retesting the downtrend from ATH's takes us below $40,000.
Eventually we should retest the grey rectangle box depending on when things pick up speed.
If we nuked today (which is unlikely to happen all at once) retesting the downtrend would take us to $38,444 $BTC and each day that goes by this level gets lower and lower, might not happen today, or tomorrow, but when it does be ready or you'll be sorry.
Stay safe.
👍
Sellers have breached the rising wedge that was formed over a month ago.
This might take several hours or several days to play out but I'm confident sooner or later this will continue down.
Retesting the downtrend from ATH's takes us below $40,000.
Eventually we should retest the grey rectangle box depending on when things pick up speed.
If we nuked today (which is unlikely to happen all at once) retesting the downtrend would take us to $38,444 $BTC and each day that goes by this level gets lower and lower, might not happen today, or tomorrow, but when it does be ready or you'll be sorry.
Stay safe.
👍