BrettFogle

Further Downside For Bitcoin to $52k - $52.5k

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin will likely see further downside from here as shown.

The 100 EMA might provide some support, but the likely BTC will drop to the rising trendline as shown, and put in a higher low around $52k to $52.5.

More than likely $52k on a wick down, but this will be Bullish for a strong bounce off of this region and off to new ATH in December.

Let me know your thoughts below!

23-year investor, trader, and early investor in Bitcoin & crypto.

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www.moonstream.io/report
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