Bullmarket Supportband | Weekly close below?

Bitcoin / Tether USD KRAKEN:BTCUSDT

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– Uptrend got rejected on the FIB 0.382
– Price is below the Bullmarket-supportband on the weekly timeframe
– Price is below 2021 lower trendline
– Expected support in case of further downside FIB 0.236, next support could be the lower trendline created by the C-19 crash

+ Weekly close above the Bullmarket Supportband would invalidate my scenario. Fingers crossed!

This is an article, not financial advice, always do your own research!

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