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BTC/USDT Still manipulative

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hey guys,

We thought we should look more often at the BTC as soon it should have one of the major movements. Last time we had a massive breakout and afterwards it was predictable that there will be a correction. The correction is still in the progress and we think the price or Bitcoin will head down to $29K before going for another try to break that sideways path.

Bollinger Bands is also unclear at the moment but we see how oversold the market is at the moment and it struggles to break the bottom line.

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Yours Sincerely,

Swallow Team


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