BTCUSDT Perpetual Contract
Singkat

Starting to see a bearish LTF structure

120
Previously I stated that the channel and wedge BTC was in looked unstable and weak. Here we can see my idea come to fruition with a falling out of the channel and wedge with a bearish retest of the support failing and breaking back down.

While bulls will look to reclaim the pdopen and any support level, I doubt much ground will be cleared.

In a bearish scenario, things are going well and we should start to see waterfalls into the lower 40's.

TL: DR - Bulls scramble to find the ground.

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