BTC is reversing after making its local high at $68,300, as it faced the massive sell-off pressure from that zone
Now BTC is heading downwards as we mentioned in our previous charts that if BTC fails to hold the
65K
level we would see the further downward movement
Sellers are not giving up selling in every short pump, they are more aggressively selling in each pullback which indicates that we are now in a downtrend, now the next station for BTC would be at $60,000 level which is the most crucial zone for the buyers, we could also get a huge reversal from the $60,000 level but again if buyer fails to hold that zone too, then our next target price for BTC would be at $51,500 level
If you got any queries, feel free to ask the questions in the comment section, I'll always be there to answer y'all
Manage your RISK and TRADE accordingly
Best Regards,
HAZIQKHANTRADES
Now BTC is heading downwards as we mentioned in our previous charts that if BTC fails to hold the
65K
level we would see the further downward movement Sellers are not giving up selling in every short pump, they are more aggressively selling in each pullback which indicates that we are now in a downtrend, now the next station for BTC would be at $60,000 level which is the most crucial zone for the buyers, we could also get a huge reversal from the $60,000 level but again if buyer fails to hold that zone too, then our next target price for BTC would be at $51,500 level
If you got any queries, feel free to ask the questions in the comment section, I'll always be there to answer y'all
Manage your RISK and TRADE accordingly
Best Regards,
HAZIQKHANTRADES