I see Bitcoin dropping to $23,700 - $24k USD, to test the pivotal COVID-19 anchored VWAP. This target could move up or down slightly as time progresses but generally with the current bearish markets, I think it is a reasonable target. The trigger is a monthly candle close below all green pivotal anchored aVWAPs highlighted on the chart.
Trade chiuso: obiettivo raggiunto:
BTCUSD on Binance just hit exactly the target I outlined.
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