Hello Dear Traders,
in last post i analyzed weekly candle of btc, which was extremely bearish. due to that btc is continuously approaching lower levels.
now btc is trading at very important area. this is last demand zone if btc breaks then we can see btc near 24k in upcoming days.
after 3 days we will witness monthly candle closing if btc closes below 30k then it will invite new bear market.
already btc was parabolic and stretched a lot. also many people will start profit booking and it will initiate panic selling.
next 3 days are very important which will decide we are in bear market or not.
in last post i analyzed weekly candle of btc, which was extremely bearish. due to that btc is continuously approaching lower levels.
now btc is trading at very important area. this is last demand zone if btc breaks then we can see btc near 24k in upcoming days.
after 3 days we will witness monthly candle closing if btc closes below 30k then it will invite new bear market.
already btc was parabolic and stretched a lot. also many people will start profit booking and it will initiate panic selling.
next 3 days are very important which will decide we are in bear market or not.
