We are in bad territory, but we need to breath before going down below 40k.
I also believe that just the fact that financial markets are closed and bad news usually come up on Monday,
we could have a small pull back initially to 43500, to maybe forme an inverted H&S and target 45k-47k max.
I am not bullish at all since when we broke the support, but BTC usually comes back to test it before initiating the winter.
I would not short now, actually closed my shorts at 41k.
LUNA and SOL are my picks as well.
I also believe that just the fact that financial markets are closed and bad news usually come up on Monday,
we could have a small pull back initially to 43500, to maybe forme an inverted H&S and target 45k-47k max.
I am not bullish at all since when we broke the support, but BTC usually comes back to test it before initiating the winter.
I would not short now, actually closed my shorts at 41k.
LUNA and SOL are my picks as well.
