BTC 3D Chart - Bearish Prospective

2022년 5월 6일

Daily close today broke key trend line support. Retest of the ~30K region seems like the likely shorter term outcomes for BTC. Bearish view points to consider over the long run from here if this scenario plays out:
* Trading range Demand zone and fib level golden pocket support around the $28-$30 price region
* Daily OB support at 23K and $19-20K (also prior cycle ATH)
* 200W SMA support (cycle bottom) - NOTE: BTC has wicked to the 300W SMA in the past

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