We see confirmation of my idea posted last week, it seems like BTC will keep coming down and its gonna touch the support at 31K for the third time..According to the 3-touch support strategy the third time is where the direction of the trend will be decided , so if it breaks below 31000 it will keep going down, as shown on the chart BTC can come down to as low as 9570 USD depending where the break is gonna happen, maybe we should all wait for a catalyst event such as Elon Musk Tweet about crypto, This will most likely signify a crypto market crash... Again, not a financial advisor, just sharing my thoughts and views.
Comment:
IF the direction of the trend is set upwards then BTC could reach 59K again in the short term future.
Comment:
31700 support broken, next target will be around 22K.
Order cancelled:
Although BTC has broken the support, it is now on a trend reversal, new target is 59K