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TopgOptions
Jul 20, 2021 10:47 PM

BTC Bitcoin Price Target  Short

Bitcoin / U.S. dollarBitstamp

Description

After a schoolbook, Head and Shoulders chart pattern, BTC Bitcoin support level of 30-32K was broken by wicks down multiple times which is a bearish sign that could lead to a dip to the next major support level .

That`s why my first personal target is 24-25K usd per Bitcoin medium term price target.

I`m looking forward to read your opinion about it.
Comments
newbienxx
massive HnS that really can go us to 16k
PolarHusk
Nice bearish scenario for BTC, thanks for sharing this idea.
TopgOptions
@PolarHusk, thank you for following!
GratefulGains
I think we are heading to the 1.27 fib level from the high to May 19. 24.5k is a good number!

TopgOptions
@GratefulGains, thanks for sharing
ProjectSyndicate
premium info thank you for the update today
TopgOptions
@ProjectSyndicate, thank you for following.
Mihai_Iacob
Keep them coming
TopgOptions
@OptimoomFX, yeah :)
GustavoK
On my watchlist! ;)
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