BEARISH PENNANT ($17,000-$23,000) MACRO MARKET STRUCTURE (BTC)
Good afternoon Traders,
First of all please smash that like button for me! đź‘Ť
Second of all, if this bearish pennant confirms in the next week and breaks to the downside there's no real support until the previous ATH (20k)
Lastly, stay safe and don't get liquidated if bitcoin starts breaking to the downside and causes extreme panic/fear.
FINALLY, this entire market (retail) has been programmed to buy the dip the entire last year and the dump won't stop (macro) until the same crowd is programmed to sell the rip.
First of all please smash that like button for me! đź‘Ť
Second of all, if this bearish pennant confirms in the next week and breaks to the downside there's no real support until the previous ATH (20k)
Lastly, stay safe and don't get liquidated if bitcoin starts breaking to the downside and causes extreme panic/fear.
FINALLY, this entire market (retail) has been programmed to buy the dip the entire last year and the dump won't stop (macro) until the same crowd is programmed to sell the rip.