madden286

BTC looking very weak $21000 by march

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Looking at the daily chart we could quite possibly get a falling wedge pattern forming that points directly to the 1.618 fibonacci level of the last bull run. My target to rebuy will be set around 21k to 22k for now but see how the market plays out over the coming weeks. looks like its going to be overall bearish with a lot of daily pumps to retest the old support levels that are now pretty strong resistance. I think instutional buying has halted for now and are sidelined and just retail aswell as bots are bouncing the price around.