ArShevelev

Bearish Specter Haunts Bitcoin's Channel

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello dear TradingView followers and community!

Today, the Bitcoin price is making a notable attempt to breach the support level of the Head & Shoulders pattern. Based on the height of the head, it is anticipated to potentially land in the range of 24,000 to 25,000, marking a decline of approximately -11.5%.

Nevertheless, it's crucial to bear in mind that the price of Bitcoin has a reputation for delivering unexpected surprises, including bull and bear traps that can catch us off guard. Therefore, exercising caution in our current positions and refraining from engaging in risky trades is undoubtedly advisable.

Best regards
Artem Crypto

🔵 🟡 𝗙𝗥𝗘𝗘 & 𝗣𝗥𝗘𝗠𝗜𝗨𝗠 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: t.me/+5hlxWmhHaKplN2Rk

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