I said yesterday that don't panic because btc is in a correction at long term(look at yesterday btc long term idea) .
but in the mid term it seems that we had a bull trap yesterday and btc came back to its 4h descending channel , so be careful about 24.8k support because it may break if it touch again .
if we break that support a massive sharp falling would be expected to around 23k support.
S&P falls too which means that fundamental points are not good enough and should be more careful.
but in the mid term it seems that we had a bull trap yesterday and btc came back to its 4h descending channel , so be careful about 24.8k support because it may break if it touch again .
if we break that support a massive sharp falling would be expected to around 23k support.
S&P falls too which means that fundamental points are not good enough and should be more careful.
Comment:
price involve with the top of channel and i think it will soon come back to the channel and huge dump is ahead