iBijan

BTC may crash more

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POLONIEX:BTCUSDT   Bitcoin / Tether USD
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Always DYOR.

BTC may drop to $17500 - $16000 support zone, on condition that BTC loses its & 21K - $20K support level.
As one may notice on the following USDT market cap, which presents USDT is pumping up and if USDT manages to break out the 8.51% resistance zone and approach to 9.13%

and on the other hand, BTC reaches to, or in worst case breaks down the 39.66% support zone, as marked on the following chart


one may expect that BTC crashes into $17500 - $16K.
This is a personal idea and I am not a financial adviser.

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