BTCUSD target reached, more bearish

BTCUSD Perpetual Contract BYBIT:BTCUSD

baigxy

I posted earlier on May 8 the target reached below 29k once the price break through the support 34k, the price is currently breaking the support around 28-29k which is the past support level of june 2021.. if price do break this support we will likely be reach the next support around 19-20k. The support trend line also been broken so far. With Macd in bearish divergence zone we can expect low highs as we are getting lower lows. Price dropping below 27k will most likely reach 20k…

Good luck

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