AlanSantana

Bitcoin Breaks 1 Year Support, High Volume (Next Target Mapped)

Short
AlanSantana Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Today Bitcoin breaks below last years support, things will get worse in the short-term.

We can see the level that held back in May/June/July last year, has failed, we have the highest volume daily since May 2021 when a similar correction was taking place.

The next target is set on the price range $23,000 to $24,000 and $20,000 to $22,222.

We have no support around $27, $26, $25K...

We knew this was coming.

We know that the market will recover once we are over with the bear run.

Be patient, many opportunities will develop once Bitcoin sets a low.

Namaste.
Comment:
We have a low on a wick of $24,500... Can we say first target hit?

The first price range has been activated.

Massive volatility now is on.
Comment:
Tether Treasury just burned 3 billion USDT (3,000,000,000 USD).
I guess we have more downside before the bear run is over.

🔝 100,000+ Altcoins & Bitcoin Charts!
t.me/alansantana1111

🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com

➖ If you now enjoy the content, please consider support below...
👉 lamatrades.com (Since 2017)
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.