BTC: Waiting for a Bearish Confirmation
BTC: Waiting for a Bearish Confirmation
BTC looks like it is losing the bullish steam.
So far it's still bullish, but overall it's taking the form of a bearish pattern.
A move below the pattern could push the price further and probably this could be the start of a larger bearish wave.
The price will face a very strong resistance zone near 40K and if this zone is broken, the next zones are 39K and 38K.
You may find more details in the chart!
Thank you and Good Luck!
BTC looks like it is losing the bullish steam.
So far it's still bullish, but overall it's taking the form of a bearish pattern.
A move below the pattern could push the price further and probably this could be the start of a larger bearish wave.
The price will face a very strong resistance zone near 40K and if this zone is broken, the next zones are 39K and 38K.
You may find more details in the chart!
Thank you and Good Luck!
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