BTC making alternate bat target $36,161
BTC is in process of developing alternate bat harmonic . Since we are in bearish trend so we use bullish harmonics for downward price projection. This harmonic will complete at $36,161. This harmonic will most likely complete because if we look at 4H chart, We see a death cross happening in a day which will lead to more downside. Oscillators on 12H are way over-sold but that don’t matter when market is entirely bearish . Maybe just MAYBE we will see a slight bounce to $40800 or even a fake out towards $42K and then it will be just downward momentum. Although upside seems highly unlikely but I am giving benefit of the doubt to over-sold oscillators.
