Michael_Winner

Bitcoin fell down from 25k to 20k and can decrease even more !

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in comments, we will try to answer for all, thank you guys.

As we expected in our previous ideas bitcoin fell down from 25000 to almost 20000 and even lower, 19800 local low.
Bitcoin now trades in strong downtrend and after yesterday bearish flag breakout bitcoin decline from 21800 to current 19800.
Both targets from my previous idea is completed and I took good profit, my congratulations who follow me.
For now I think bitcoin will continue to decline, maybe just now, maybe with some accumulation in area 20000.
I put on a chart 3rd new target is will be at level 18900 and I think price can decline to this level, I hope not lower because for bulls it will be very hurts.
So, I think bitcoin for now will continue decline.
Also feel free to check my previous idea in which I wrote that bitcoin fall soon and indicate you targets.

I expect this scenario, so be prepare for next movements.
Thanks for your time, we hope our work is good for you, and you are satisfied, wish you a good day and big profits.
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.