In my previous analysis, I said that I don't believe that the correction will have the power to reach 46k, and looks like I'm right, with Bitcoin breaking under what should have been support at 42500. Bulls are very, very weak and I expect to see 40k figure soon The real problem now is not if it will go there, but what will happen if it does. In my opinion, it will break under and the next obvious support is at 30k, interim support being at 35 I maintain my bearish opinion on BTC and the crypto market in general and I'm looking to add on my existing short trade on eventual rallies.
I think bottom will be somewhere that will surprise bears. If another drop occur i think somewhere between 41_38 will be the last relow. Although bitcoin is weak but i don't wanna be a bear hunted by whales. Be carefull about dangerous market makers
Mihai_Iacob
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@CryptoTitans1, i have SL, also, i will be very surprised at 10k
anoroozi3084
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yes 36000 70% under 36000=32000 50% under 32000=24000 70% last target 18000 ?%