DenisTrofimov

BTC Plan B Bearish Scenario

BYBIT:BTCUSD   None
According to tradition, with a panic sell-off all across the markets, I would like to show Plan B for Bitcoin, which is more bearish in the short term, but still has the potential for an All-Time-High update. It is based on the Accumulation and Distribution structure, as well as more complex market maker models within. So far, this is nothing more than an idea, since the price has not yet broken through the technical support zone of $ 51200-52900. But if the price does not hold above this support, there are volume imbalances below ($ 49,500-53300 and $ 44,000-47,000) that could become a magnet to get filled.

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