BTC bearish outlook..
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Currently BTC is still in a bearish movement. After tapping into supply and also fibo level 61.8 at around 48000 BTC dropped deep. In my opinion btc bearish move is not done yet.
40677 is the current strong support. If this level breaks we need to more sells, because btc will drop to around 38881 demand level. FOcus on the yellow resistance and support line
Resistance: 41874, 43367, 44551
Support: 40759, 38562, 37807
40677 is the current strong support. If this level breaks we need to more sells, because btc will drop to around 38881 demand level. FOcus on the yellow resistance and support line
Resistance: 41874, 43367, 44551
Support: 40759, 38562, 37807
Note
BTC managed to fall deeper. Congrats if you followedNote
Btc was inline with my expectation. Dropped to the demand zone and rejection instantly
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