MMBTtrader

BTCUSDT can easily hit 38K only if breakout not happen

MMBTtrader Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Price was testing support of 40K for a while now and every touch that we have here makes buyers weaker and weaker so soon we may have a breakout on 40K support and price dump to the next support zone that is 38K.

But as we can see there is a red trendline here and if it breaks then price can easily once again pump hard and hit targets like 45--47K zone.

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Comment:
The trendline is dumping price each time:

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