ShawnMCR

BTCUSDT - Way Down We Go (Bitcoin)

BINANCE:BTCUSDT   Bitcoin / TetherUS
I really loved that song. it's by KALEO, you should listen to it!
Alright back to Bitcoin: As you can see in my previous idea, that was no noise and now we're officially out of the regression channel.
BTC dominance is around 52. so it's all bearish right now.
Some people say it's a "dip"... but there are no bulls buying this dip right now! They're still holding tho... but they're no buying at any price.
The bull run is over for now, so Altcoins are going to recover while the market starts being stable.
I've shown the support areas for you on the chart.
Don't buy, Don't sell if you're holding! Just watch the market fall apart for now.
And don't forget the song!
⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high.
Good Luck 🎲
Tell me your ideas. Like and Share 🗣✅

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.