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BTC $58 000 incoming...$52 is possible🧐

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Hello, dear friends! 😊The cryptocurrency market continue declining rapidly. Of course, Bitcoin is doing the same.🔻

I've shown You on my chart, what we might expect in the next week or two.👇

https://www.tradingview.com/x/Ts1DNWTb/

In the photo ⚪️ below is a typical price movement, breaking out of the triangle downward. Taken from a technical analysis book.📖

I think we can expect something similar. 🧐The $58,000 level has been looming for a while.🤓

If we hold there, we might be able to bounce off it. It's a strong support level. If we quickly drop below it, then we might see $52,000.💡

❌Being in a long position right now is very risky.❌ People, who were planning to wait it out should reconsider their strategy. The market is still in a downtrend, as usual before a halving. However, the current downtrend might last a bit longer.🤷🏽‍♀️

📌But: there are plenty of cool opportunities ahead, so don't despair!🩷

Thanks for Your attention🫶
Always sincerely Yours, Kateryna💙💛

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