Bitcoin / TetherUS
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BTCUSDT more downside ahead

From the current price area I assume, that BTC will rebound to the intersection of two of the trend lines and one s&r line sitting at around 39600. After that, a dump is expected to 30K. Both of the above mentioned movements will be timed with the movement of the DJI, which will in my opinion dump heavily as well. The drop is long overdue.

After hitting the 30k area for BTC, I expect a short rebound to current area of 35k and further drop to around 20k. If we hopefully reach that area, I will load my bags heavily with altcoins.

The chart and price range was mentioned to me by a friend who I respect very much, and after my short research, I can just confirmed, that the scenario is very very realistic. Buckle up!
Trend Analysis

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