Mihai_Iacob

Bitcoin- I don't see much bounce from here

Short
COINBASE:BTCUSD   Bitcoin
One thing is clear for me, the trend for Bitcoin is down (as for all the crypto market) and, as I don't dream of Lambos, I trade what I see.
And from a technical point of view, BtcUsd broke down the symmetrical triangle that contained the price and now it should continue down.
From 30k-31k support, we have now a normal bounce but in my opinion, will be just an anemic one and not a reversal.
The target for the triangle is 25 and this should be reached very quickly when/if 30 will be broken with a lot of SLs under this zone and the lack of buying

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