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Bitcoin Support and Resistance Play

Short
Bitcoin / TetherUS (BINANCE:BTCUSDT)  
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BINANCE:BTCUSDT   Bitcoin / TetherUS
Trend Analysis Technical Indicators Fundamental Analysis BTC Bitcoin (Cryptocurrency) BTCUSD BTCUSDT bitcoinforecast bitcoinprice bitcoinusd bitcoinanalysis bitcointrading
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trendanalysis indicator fundamental btc bitcoin btcusd btcusdt bitcoinforecast bitcoinprice bitcoinusd bitcoinanalysis bitcointrading
Bitcoin is highly corelated to the stock market now and since its inception hasn`t faced an economic recession or rising interest rates before.
Some highly leveraged loan companies and exchanges will be facing bankruptcy.
The chart is self explanatory.
My price target is the $17600 support by the end of this month.

Looking forward to read your opinion about it.
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