BITCOIN Ready to turn down May Be 30% to 40% Pullback

There are also several signs and patterns to consider for this 1st month of 2021.

Bitcoin made All-Time High" (ATH) $34.8k, but since we see a correction. Everyone must be wondering how low it can go this time.

** RSI and MACD at 4H **
As shown in the figure, BTC has maintained a rising pattern since December 12. During this period, there were 4 pullbacks but did not break below MACD TREDN LINE. But this time there is a great chance that it will fall below

** Buy-in plan **
Only when it has not fallen below the MACD TREDN LINE, enter the field in Support Zone 1 $29.7k, and the upward target is ATH $34.8k

**Sell plan**
Below the MACD TREDN LINE, enter the field immediately, the down target RSI touches <70 start trailing, and the upward target about Support Zone 1 $25.3k