Breaking

One of the most influential insiders in Bitcoin and global crypto markets: Bitcoin has likely hit its bottom, why diverse perspectives are crucial for investment success, and the barriers of privacy in crypto payments | The Wolf Of All Streets Memecore [M] fades from $1.60 peak – But THESE 2 metrics suggest… Parker White: Bitcoin’s price drop linked to derivatives growth, stress in the IBIT options market, and the hybrid nature of crypto funds | Unchained Metaplanet Posts $605 Million Loss After Spending Billions on Bitcoin

Trading View May 9, 2022

BTC – 10 May 2022

BTC - 10 May 2022

BTC – 10 May 2022

Bitcoin / TetherUS BINANCE:BTCUSDT

andryj

BTC Bear Flag breakdown at 5 May 2022, since then price action showing down trend continuation from the bear flag .

Calculating the Pole before Flag, with 2 possibility:
1) 100% from D, so the next target to be reach probably around 23k-24k. Confluence with trend Fibonacci 1.272
2) 100% from E, so the next target to be reach probably around 18-19k. Confluence with trend Fibonacci 1.414

trend Fibonaci taken from top 10 Nov 2021, bottom 24 Jan 2022, pullback 28 Mar 2022
Please be cautious with the bounce due, it could be a BULL trap, where usually happen during down trend.

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