BITCOIN CAN STILL DROP TO 18K

My friends, today I want to update you about BTC and what can happen next.

- Bitcoin has been stagnant for a month between my resistance level at $20,400 and the support level at $18,200
- Bitcoin looks bearish for the reason that dogecoin and cardano have been dropping this month so bitcoin could follow it
(There's 2 possibilities of what bitcoin can do next - in my opinion)
1. Bitcoin can head towards my respected resistance level which then can influence the price of BTC to react down from it and approach the support level, potentially breaking below it to 16K
2. Bitcoin at its current price ($19,558.25) could fall directly towards the support level and break it because my resistance level has been respected by Bitcoin longer than the support level, but also my resistance level has more candle wicks touching it than the support level by 269 - which is a huge difference and confirms to me that my resistance level is influentially stronger than the support level.


*BETTER VIEW OF THE CHART 🌇


Be prepared for the chain of events 💯
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THIS IS NOT FINANCIAL ADVICE - DO YOUR RESEARCH AND ANALYSIS