BTC BROKE DOWN! READY FOR $30K!!!!
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC/USDT update. BTC is not looking good now.
Breaking down from the symmetrical triangle in 4hr timeframe. I'm expecting a 15-20% drop from here. Also, you have seen in the chart that recently price is going up but volume is continuously decreasing which means the recent pump of BTC is a bull trap.
Also, recently we have seen a large inflow of BTC into exchanges. These BTC inflows into exchanges by some big whales for just profit booking and after that we might see a large drop in BTC.
Supports:- $35,600/ $33,500/ $30,400
Invalidation Level:- This chart becomes invalid if BTC breaks and close above $38.500
If you like this idea then do support with like and follow.
Also, share your views in the comment section.
Thank You!
Welcome to this BTC/USDT update. BTC is not looking good now.
Breaking down from the symmetrical triangle in 4hr timeframe. I'm expecting a 15-20% drop from here. Also, you have seen in the chart that recently price is going up but volume is continuously decreasing which means the recent pump of BTC is a bull trap.
Also, recently we have seen a large inflow of BTC into exchanges. These BTC inflows into exchanges by some big whales for just profit booking and after that we might see a large drop in BTC.
Supports:- $35,600/ $33,500/ $30,400
Invalidation Level:- This chart becomes invalid if BTC breaks and close above $38.500
If you like this idea then do support with like and follow.
Also, share your views in the comment section.
Thank You!
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