BTC $35K-$30K???

Hi everyone!

Weekly Daily and 4H all looking red " BTCUSDT

BTC is currently looking bearish currently battling to stay up from this support level 40K , If failing to hold this support we might see it going back down to 30k-35K
Unfortunately, most of the indicators showing red flags with bearish trends and from my personal point of view " Any open long positions at the moment should be re-evaluated and a stop loss most be in place, if you are a HOLDLER better keep riding the wave and wait for the reversal to happen" Possibly buying some more down the track.

CCI+MACD still far from reaching bottom, meaning that we could keep going in a down in the short and medium term.
Not to mention the Double top pattern formed on the Weekly C

ALWAYS look for extra confirmation before making any trade.

Happy trading people

(No financial advice)
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