WARNING : IS BTCUSDT APPROACHING 33000 ??
Hello !!
Welcome to the quick update of BTCUSDT . As I said in my last chart:
BTC could dump more and may take a bounce from either 35000 or 33000 as it broke down the long term bear flag .
As seen in the last 12 hours, BTC was unable to hold the 35800 mark and broke down the 1st level of support i.e. 35000, touched 34200, and is currently trading around 34600 at the time of writing this post.
As of now, I guess BTC is retesting the 35000 level before taking another dump until 33000. The last hope for BTC is a rebound from 33000 and take an upside momentum. The market is still very bearish , uncertain, and unstable and I would suggest everyone hold their patience and wait for a clearer picture and trade only after confirmations.
As of now, please do not take any trades else you might end up losing your capital.
This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits.
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