BTC possibly have more drop to $54k and $51k
#BTCUSDT
$BTC is inside descending parallel channel and rejected from the middle line that is the same with resistance zone.
possible to drop more to touch 0.5 and 0.618 fib levels of last swing high that is the same with lower line of parallel channel and ascending support line, to complete the correction wave.
If bulls success to break out from middle line and reach the upper line of parallel channel, then maybe #BTC can break out from this channel and head up to new ATH.
$BTC is inside descending parallel channel and rejected from the middle line that is the same with resistance zone.
possible to drop more to touch 0.5 and 0.618 fib levels of last swing high that is the same with lower line of parallel channel and ascending support line, to complete the correction wave.
If bulls success to break out from middle line and reach the upper line of parallel channel, then maybe #BTC can break out from this channel and head up to new ATH.
