NasirCrypto

BTC making alternate bat target $36,161

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC is in process of developing alternate bat harmonic. Since we are in bearish trend so we use bullish harmonics for downward price projection. This harmonic will complete at $36,161. This harmonic will most likely complete because if we look at 4H chart, We see a death cross happening in a day which will lead to more downside. Oscillators on 12H are way over-sold but that don't matter when market is entirely bearish. Maybe just MAYBE we will see a slight bounce to $40800 or even a fake out towards $42K and then it will be just downward momentum. Although upside seems highly unlikely but I am giving benefit of the doubt to over-sold oscillators.

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