watchtrend

56K are the Start of huge breakdown into Bitcoin - CRASH TREND

Short
watchtrend Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
THE LAST VIEW OF BITCOIN BREAKDOWN TREND FOR huge and possible Crash trend.
THere is high signals what a possible crash trend shows from the 56K area the last increasing trend of this peroid on Bitcoin, and that we will start to see a new breakdown trend what can bring bitcoin into long term below 45K

# AS you can see BTC did hit exactly our Red candle box. and this means a breakdown trend from this area.
Dont be fomo - if you have profits take your nice profits, and wait for good confirmations.

What mean this view:
That you should be alert with increase fomo effect what can change next hours into a breakdown trend and possible start of crash trend, as bitcoin have real the signals to breakdown. we always study btc and follow the market 24/7, we will never just add info depending on noting.

# know that in most time we are right with btc updates, and BTC go always in lines we did add, this more times.

# we dont like to use words as CRASH , but in thise case its a must for us to do it. as we want add the updates in the best ways for the traders.

And as last i would to say: never change your mind beacuase of this view, if you want hodl, hodl, if you want be long, be long. my goal are to share so much as possible with the traders to see us view, and not that you will change your way of trading. the know the rule on trading are : hold on your plan and have good riskmanagement.

Discipline are the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.

#Always do your own research don't follow us or someone else blindly



Comment:
Comment:
The only thing that btc did increase from 53.5 until 56K are the overflow. and this will depending our signals change, and become a new bear trend below the 50k
Comment:
56.6 can be a good point for breakdown point btc.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.