Hello traders,
For the last 3 days straight, BTC has displayed red candles, and if the daily or weekly close occurs below the previous ATH ( 69K ), then a correction is imminent.
As you can observe in this chart, we require a daily close above the $68.5k level to continue the bullish sentiment. If not, then we may anticipate BTC dropping to $62k, where we have a horizontal support line.
Warning: This correction could be severe, potentially reaching as low as -60%.
Do your own research. Not financial advice.
Regards,
Team Dexter.
For the last 3 days straight, BTC has displayed red candles, and if the daily or weekly close occurs below the previous ATH ( 69K ), then a correction is imminent.
As you can observe in this chart, we require a daily close above the $68.5k level to continue the bullish sentiment. If not, then we may anticipate BTC dropping to $62k, where we have a horizontal support line.
Warning: This correction could be severe, potentially reaching as low as -60%.
Do your own research. Not financial advice.
Regards,
Team Dexter.
