Its Better To Be Out Of The Market

📉 The BITCOIN Was Unable To Break The 67k Resistance And Dumped To The 63500$ Support Area, It’s That All We Saw During Last Two Days

👉 Now There Are Two Scenario About The BITCOIN

1️⃣ Primary : The Price Breakdown The Bear Flag And 63500$ Support Area And Hit The 61k Support One More Time, In This Situation I Expect a Heavy Breakdown Toward a 54k

2️⃣ Secondary : Clear Breakout Form The 72k Resistance And That’s Will Be a Confirmation Of a New Bullish Move Toward a 73k And Then 82k

📊 During This Range I Prefer To Be Out Of The Market Because If The First Scenario Happen, We Will Have a Another -20% To -30% Down For The Alts Market

Commentaire:

👉 Currently The Price Playing Above The 64k Support Area And At The Low Timeframe Inverse Head And Shoulder Formed At The Chart, I Expect a Breakout The Neck Line Toward a 66150$, It’s a Final Hope For The Bullish Scenario

🚨 66150$ Is a Key Level And If The Price Breakout And Take Hold Above This Level Next Target Will Be 73k

Commentaire:

👉 The Price Perfectly Bounced From The Wave C PRZ And Still Playing At The Bull Flag

📊 63300$ Is a Crucial Support And It’s a Final Hope For Bulls, As Long As The Price Playing Above This Level The Trend Is Bullish For Me Toward a 66500$ As a Next Target

Commentaire:

📉 And Finally The BTC Found His Way

👉 The Price Was Not Able To Breakout The Trend Line And Dumped To The 61k Support And Breakdown This Level And Currently Playing Below It, 54k Area Is a Next Target

📥 The Good News Is, There Is a Bull Flag Playing At The Chart And 54k PRZ Is Located Exactly At The Support Of This Flag So 54k Could Be a Main Stop For This Correction