SI4M4K_trader

Bitcoin dropped. has the alarm ring sounded?!

BINANCE:BTCUSDT   Bitcoin / TetherUS
Almost everybody which works in crypto market, had warned about very important support 45500 for bitcoin repeatedly! previous night BTC broke this vital support! now bitcoin places below of 0.38 ratio of FIBO that is 44500 approximately. in basis of candles and in my opinion bitcoin can drop under 41000 with this conditions. but last hope for return is support of 41100. if bitcoin breaks this support, we will see lower prices for that like 38800, 36200 or even 29500 probably! anyway bitcoin is not in good conditions these days, specifically because of bad news and fundamentals which are being received.

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