Worst case for BTC for BINANCE:BTCUSDT by hamedzibaei — TradingView

Fibonacci Support and Resistance Trend Lines

fibonacci supportandresistance trendline

snapshot

If BTC can break the support of 40 and 30k , a downward trend will start in the monthly time fram
In this case, the price can fall to the area of 20k

Comment:

I published this idea on 18 sep 2021.after 10 M BTC break main M time frame uptrend line and touch 17k ( 0.76 fibo ). It can start pull back to M time frame uptrend line (if it take 9 months) BTC can grow up to 65 k $.

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