$Btc #Btc Price rejects $20k on 15mins TF Are we gonna see another attempt soon ($20k) ? Minor likely range established between $17.8k - $20k Let’s see what happens next 😃
$Btc #Btc Price forms another LH at mid-range Series of LHs has been formed so far in this range bound play (Favour of sellers) To confirm a change in momentum we need to see price reclaim $31k and hold (Favour of buyers) Risk management is important 💯
Remember Tapering is around the corner Starts in June 🤧 Terra wasn’t the only reason btc dumped, it was dumping before Terra, Terra just made things more intense We also saw CPI report Crazy Inflation We’ve seen more sell-off across risk-on assets, this week will make it 8weeks straight bearish close (I’ve never seen btc do this) The more price retests a level, the higher chances of a breakout, $29k 👀 Bears are asking so many questions We watch 🌝
$btc Looks like we getting a head & shoulder pattern here 🤔 Invalidation will be a price close above the head Breakout of neckline support could see price retest $29k SR flip $30.3k then we could see $31.5k retest
$Btc is down 5% today Sunday gains wiped out already 7 consecutive weeks bearish close (I have never seen this happen before) RSI approaching oversold territory Looking forward to an interesting new week Buyers yet to lose $29k support on the daily tf #Bitcoin
People are calling $10k Btc price but I’d say Watch the levels Best to play it level by level Also need to watch the weekly timeframe, there’s time to still close above $27k-$30k by end of the week, if not then Winter is here but eventually summer will come #Gate.ioDaily
Trying to catch a falling knife is not healthy 😤 Eyes on $2- $4 level for $Luna That’s where new shortersss can get trapped else its bye bye Level to Level cryptotrading Already approaching oversold region on RSI ‼️ #Gate.ioDaily