PolarHusk

BTC/USD (Short Term Downtrend?)

BITSTAMP:BTCUSD   Bitcoin
BTC/USD

-After the ascending triangle pattern broke out
-The price hits the 12k key resistance including the CME gap before 12k
-Bitcoin drops and now trading below the upward trendline of support
-This is not good in the short term
-We can also see a strong sell volume during the blow-off top
-The key area I'm watching right now is the 10.3k-10.1k range
-Only if BTC will continue dropping and confirm this mini bear flag
-Trade wisely, don't over leverage as the volatility is back

Telegram Channels
➡️ t.me/kryptosignalschat
➡️ t.me/kryptosignaltrade
➡️ t.me/KryptoSignalsTrade
Inquiry
➡️ t.me/PolarHusk
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.