jonnyquest

Bear Pressure Still Valid, Further Drop Before Next Rally

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Looking at the chart, a few big support zones have already been broken. At present we are sitting in the Golden Pocket, Which is around the 23 fibo area. If broken, which i can see happening in short-term, potential further retrace to around the 6k area, which bottom could occur. Then we hit the next parabolic phase into next years halvening and resumed bull market. Were not out of the woods just yet! Good luck and follow the trend!
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