Bitcoin / TetherUSShort
#bitcoin #btc why I say $39k is key.
As you can see both these moves are almost identical. If 
39K can hold this could be used as a platform to move upwards (essentially 
52K down to 39K would have been the correction leg). However if we lose 39K then we should see 29k. If so take a look at the chart 'Year to date' (YTD). You'll notice it would have cleared formed a lower high (assuming we lose 39K). My assumption is we will then start to form a descending triangle (YTD). Before breaking down to 20k. If you follow me on CT I'll share an image in the comments of how I believe it will play out.
39K can hold this could be used as a platform to move upwards (essentially 52K down to 39K would have been the correction leg). However if we lose 39K then we should see 29k. If so take a look at the chart 'Year to date' (YTD). You'll notice it would have cleared formed a lower high (assuming we lose 39K). My assumption is we will then start to form a descending triangle (YTD). Before breaking down to 20k. If you follow me on CT I'll share an image in the comments of how I believe it will play out.
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.