miladmolaee

Bitcoin Weekly Technical Analyze

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
I think the bearish wave will not finish soon. because the price drop below 42000 and lost this key support. In 30000-38000 and between fibonacci levels 0.5 and 0.618 price can fluctuate and be supported. If the BTC inflow to exchange decrease significantly, this is the best zone to buy BTC and Altcoins, otherwise next support is 19000-20000.

Supports:
  • 38000
  • 32000
  • 28000
  • 19500
  • 9800
  • 3500

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