#BTCUSDT
Bearish view
🐻 it is possible that $BTC drop below the ascending support line and touch the support zone between 0.5 and 0.618 fib of last swing high, then if bulls success to bring price above the ascending trend line, #BTC can head up to new ATH.
🐻🐻 but if bears success this fight zone and take back price down to 0.786 fib level, that I think it will be a very boring move, then the parallel trend line may support well enough to bring bulls back to story.
🐻🐻🐻 and the final bears win can drown price to $12850.
Bearish view
🐻 it is possible that $BTC drop below the ascending support line and touch the support zone between 0.5 and 0.618 fib of last swing high, then if bulls success to bring price above the ascending trend line, #BTC can head up to new ATH.
🐻🐻 but if bears success this fight zone and take back price down to 0.786 fib level, that I think it will be a very boring move, then the parallel trend line may support well enough to bring bulls back to story.
🐻🐻🐻 and the final bears win can drown price to $12850.
