BTC has fallen below the ascending channel and moving within the red channel. Eventually, it will be testing the thick yellow support which marked the bottom of the downtrends in 2021.
If it breaks and closes below the yellow support line at 36k , the chances of a bear winter increase significantly. Could drop down to 20k to retest the previous high.
NOT FINANCIAL ADVICE
May.18-May.24ETH(1d)Weekly market recap ETH/USD COINBASE:ETHUSD Sypool Most cryptocurrencies fall back to their one-year-low and fluctuated in a narrow range over the past week. We can find that US stocks, which are also risky assets, fell […]
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A Big Bearish move on Bitcoin.. Bitcoin / TetherUS BINANCE:BTCUSDT chimaz_01 Bitcoin is heading for bearish movement to break previous low and continue the Higher low ,Lower low trend