Bitcoin Ready for $22578.... why..?

17 Jan 2021

#BTCUSDT TA update chart in Short time frame:-

#Bitcoin Currently trading at $34660

Last chart I drawn and BTC dumped almost $5000.

Hope you happy with our last long term analysis.

Now..?

As per chart you can see most Important Resistance level is #R1 #R2 and next one #R3

So still we can see #R3 point and BTC small pump toward #R3 ($38500)

And You also can see Support level #S1 #S2 #S3 #S4 #S5 and next one would be #S7

You know Support now very week because of BTC many attempted on this support level.
So max chances to breakdown this support level.

So if Breakdown #S5 support level then BTC next Target would be $22578.

So simple math for you:-

👉 #R1 breakout then $53834 Very
less priority’s

👉#S5 $ #S6 breakdown then $22578

So I am bearish from $39000 as I posted in my last chart.

This chart is only for your learning and educational purpose.

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