In terms of the wave analysis, it seems that we have reached the peak and completed a full cycle that started a decade ago, and we are standing on the resistance of the blue channel, and at the level of 2.618 Fibonacci, we do not want to exceed that level, and most likely we will bounce back to the target of 1.618 Fibonacci , to get the corrective wave A, first,...
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BTCUSDT is in the Bearish channel it seems to be rejected from the Bearish trend line. So if it continues to go lower from the bearish trend line it is expected to go at least to the Support zone which is around 30032.0 however if it was able to break below the Support zone (30032.0) then we need to expect potential...