Bitcoin has the wobbly boot on

BTC 1day sentiment has done a 180 on us going from a potential recovery to a fully blown risk-off strategy Price has broken down at the previous ATH support 42K This was our second critical level and we already had a reserve bag in USDC from the warning when price failed to penetrate the POC level at 48K to move upward was a signal to lighten the load. This break-down at 42K triggered the remaining trading funds sold into USDC and if shift changes here and we have to buy higher well that's ok and a risk I am willing to take but we will be ready to purchase cheaper BTC if it retreats further due to China's Evergrande crisis
Chart PatternsTechnical IndicatorsTrend Analysis

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