Mihai_Iacob

Bitcoin- 30k is my target for now

Short
BITSTAMP:BTCUSD   Bitcoin
On Monday I said that "Bitcoin is drawing a nasty picture" and after a short-lived recovery above 40k figure, yesterday the price has dropped hard to the 38k zone, putting a bearish engulfing on our daily chart, which for me is a clear indication for downwards continuation.
At this moment the bearish flag that I've spoken above last week is broken to the downside and we can expect continuation.
My target for short trades is 30k and only BTCUSD back above 43k would change my perspective.

🚀 Elevate your trades with a 20-year market veteran!

📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals

💎 Crypto Channel:
t.me/FanCryptocurrency

🌟 Premium Contact:
t.me/IacobMihai
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.