BTC possible 30% decline from here?

Short

Bitcoin / TetherUS (BINANCE:BTCUSDT)

Mis à jour

BINANCE:BTCUSDT Bitcoin / TetherUS

trendanalysis indicator btcusd btc btcusdt btcusdshort btc_usd btcshort btcusdforecast btcanalysis btcbearish

BTC Upper wick formed on the daily. The past 2 months, once a long upper wick is presented, it showed us the top has been reached and a reversal is pending. I would expect a huge sell-off from there. Notice after both upper wicks, there was a 30% drop. It's very likely we may see the same results once again.

Commentaire:

We're not sitting at the 30% decline at $8.6k

Commentaire:

We're now* (typo)

Commentaire:

If BTC doesn't close above $8.3k by Tuesday, it's going to be downhill for BTC till around the $6k range

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.