Hello Birdies, BTC on the fib channels and what it is showing.

• Let’s talk about the blue line first BTC twice hit that line and shows a fall of 7%-9%. RIght now it is trying to break it again once it is broken, there is a resistance ahead
• This resistance previously was a support but BTC unable to hold it and fall from it 3 times the last time it join hands with blue fib line the latest crash.
• After that we have another important resistance line which caused BTC to fall from 48k . We feel this line with the next red fib line will be the cause of most awaited short.
• If broke, the next resistance line is the shadow of ATH.

So for all the moon boys you are targeting 50k I don’t feel we are going there before going to 30k or 22k.

One more thing if this blue fib act as a strong resistance again we may visit 37k-38k