BTCUSDT Perpetual Contract
Short
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Short btcusd

519
Bitcoin is currently at wave 4, making a triangle before going down further to forms a spring or wave 5 at 20k usdt or a double bottom.

This is supported by Kingfisher's liquidation chart too!

So, we might see a potential rebounce off 20k instead.
Note
Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach
Note
Finally, btc is trading below 20k .

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