ATcryptoo

BTCUSDT, We are still bearish, 30K is still possible again!

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
During the last few days, good news Moved Bitcoin upwards with strength But Bitcoin is still in a downtrend channel in the Daily Time frame.

There are strong resistances in Bitcoin's way such as 42K resistance and downtrend channel upper line and Ichimoku cloud.

I think we will see some sideways and then downtrend movements with a slightly descending slope may be up to 30K again!

We need more time to make sure the trend is Bullish, We are still bearish and bears have market control.

Good luck

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.