Bearish BTC!!!
I am bearish Bitcoin in a short time because technically the chart and candles do have not any power for bullish and failing the trend line and channel.
The most important price for me in this chart is around; 38500$/38900$, if these prices can not do support, we are going for around 34000$, because we are in a triangle pattern(yellow trend lines) and if we are losses 38000$ zone, We break the triangle pattern from the bottom and it's too dangerous!
However, technical is not everything and other parameters are also effective.
The most important price for me in this chart is around; 38500$/38900$, if these prices can not do support, we are going for around 34000$, because we are in a triangle pattern(yellow trend lines) and if we are losses 38000$ zone, We break the triangle pattern from the bottom and it's too dangerous!
However, technical is not everything and other parameters are also effective.
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