As BTC broke below the rising wedge pattern and is currently it's moving downside towards its possible bottom of $18k which is almost 6% low from the current level.
There is a high chance that BTC can move down towards 18k which is not should be the reason for panic, if you are here for the long term then you will understand this, 18k level will be the better accumulation zone for the upcoming months.
Let’s see how it goes in the upcoming days, candle close below the lower support zone will be an invalidation of this chart analysis.
So, do your own research before any trade and hit the like button if you find this analysis helpful.
This is not financial advice.
Thank you.
There is a high chance that BTC can move down towards 18k which is not should be the reason for panic, if you are here for the long term then you will understand this, 18k level will be the better accumulation zone for the upcoming months.
Let’s see how it goes in the upcoming days, candle close below the lower support zone will be an invalidation of this chart analysis.
So, do your own research before any trade and hit the like button if you find this analysis helpful.
This is not financial advice.
Thank you.
