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INVESTRONE
Mar 26, 2023 3:08 PM

BITCOIN : Btc/usdt Inverted Cup shape  Short

Bitcoin / TetherUSBinance

Description

BINANCE:BTCUSDT


Hi , Trader's as per my analysis , inverted Cup shape chart pattern forming Which indicate

Bearish reversal pattern , if this is the case than market could fall to 20k area again

There is significant profit booking at area of 28K buyer's exit there long position's

400m$ long position's exited till now from 28k area , which indicate's powerful reversal

Maximum 30k will be the target for btc .

Market need's to break 30k and candle of 4hr or daily closes above that point with good volume than market can keep it's bullish bias
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