Target: 3000
Risk: 3705
Technical reasons:
Bitcoin price retested the broken support of the symmetrical triangle’s pattern and still below it, to keep the bearish trend valid, and the price needs to consolidate below 3705.00 to continue the expected decline.
The expected targets begin at 3465.00 then 3000.00.
Risk: 3705
Technical reasons:
Bitcoin price retested the broken support of the symmetrical triangle’s pattern and still below it, to keep the bearish trend valid, and the price needs to consolidate below 3705.00 to continue the expected decline.
The expected targets begin at 3465.00 then 3000.00.