In my last update I gave you the first resistance that BTC was at (the weekly and daily at 42-43k)
We ended up rejecting this level for a nice move down of 20%
Now, BTC doesn't really have any big support close to it
The next one is the weekly at 31.7k which would represent another 8% drop
I don't really expect it to hold over the longer term because of the Elliott wave count that I shared with you before my last idea (both are linked below), but we could get a small bounce before another move down for example
Any questions?
Good luck traders
Remember not to break your rules
Habib
We ended up rejecting this level for a nice move down of 20%
Now, BTC doesn't really have any big support close to it
The next one is the weekly at 31.7k which would represent another 8% drop
I don't really expect it to hold over the longer term because of the Elliott wave count that I shared with you before my last idea (both are linked below), but we could get a small bounce before another move down for example
Any questions?
Good luck traders
Remember not to break your rules
Habib
