Bitcoin / TetherUS
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Red Alert: BTCUSD Vulnerable to Major Sell-Off

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Today, Bitcoin ventured to the pinnacle of its extended ascending channel, experiencing a distinct rebound. This bounce introduces a heightened risk of mounting downward pressure, potentially leading to a 20% decline in BTCUSDT. The rationale behind this projected drop lies in the proximity of the nearest support level at $57,981, aligning with the 38.2% Fibonacci retracement level and the lower boundary of the channel.

Given these circumstances, exercising extreme caution in purchasing both Bitcoin and altcoins at this juncture is strongly recommended.
ノート
Bitcoin sell-off could have come to an end
Bitcoin can Jump by another 40%
トレード終了: 利益確定目標に到達
BTCBTCUSDTChart PatternscryptopammcryptosignalsTechnical IndicatorsSELLshortTrend Analysis

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