Bitcoin potential bear scenario Short

Bitcoin / TetherUSBinance

Description

⋅ Jul 15, 2021 8:34 AM

Bitcoin has broken out a triangle in downtrending market, could potential still to 25K and potentially 20k depending on the selling pressure.

Comments

mahsan321

⋅ Jul 15, 2021 8:52 AM

i also have this pattern but my target is 27k

TradingWithTheTrend

⋅ Jul 15, 2021 9:19 AM

@mahsan321, Could be the case, the differences in wicks play a huge role in bitcoin. I close most of the trade a bit above my estimated target just to be safe

mahsan321

⋅ Jul 15, 2021 9:22 AM

@TradingWithTheTrend, lets see 30k is the strong support