BTC UPDATE! BEAR FLAG FORMATION..!!
Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this BTC/USDT update. As I told you in my previous BTC updates until and unless BTC did not break and close above 53k we are in danger.
Now, let's get to the chart. BTC is forming a bearish flag pattern in a 4hr time frame. However, there is still an hour left in closing the candle but IMO BTC is bearish and we might test the $44-
46K zone.
If we break down the $44-46K zone then our next supports level is $40-
42K which is very strong support and BTC must hold that support otherwise we entered the bearish market.
IMO this is the last retest of Bitcoin. After that, we will definitely see 100k per BTC. I know things are a little bit delayed but still, we are in a bull run.
Now don't take any leverage trade or if you take it then use tight SL. Hold your spot altcoins bag don't sell it in 30-40% loss.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
This isn't financial advice. DYOR before investing.
Thank You!
Welcome to this BTC/USDT update. As I told you in my previous BTC updates until and unless BTC did not break and close above 53k we are in danger.
Now, let's get to the chart. BTC is forming a bearish flag pattern in a 4hr time frame. However, there is still an hour left in closing the candle but IMO BTC is bearish and we might test the $44-
46K zone. If we break down the $44-
46K zone then our next supports level is $40-42K which is very strong support and BTC must hold that support otherwise we entered the bearish market. IMO this is the last retest of Bitcoin. After that, we will definitely see 100k per BTC. I know things are a little bit delayed but still, we are in a bull run.
Now don't take any leverage trade or if you take it then use tight SL. Hold your spot altcoins bag don't sell it in 30-40% loss.
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
This isn't financial advice. DYOR before investing.
Thank You!
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