#MarketIndicator #BTC☀ #MarketDownturn #marketanalysis. #Cry

Bearish

#MarketIndicator #BTC☀ #MarketDownturn #marketanalysis. #CryptoDecision 
The worst case retest level for BTC would be 30400 level. That is if 49000 is broken and trading is below that level. Which means weekly is pulling back to the 200MA for retest.
This was bound to happen, as the weekly was trading too far from the 200MA for some time.
Once retest is completed, then BTC is gonna break previous ATH after bearish retest is completed.
Retest is healthy for a balanced market, if no balance, it wil collapse on itself, as selling pressure will just keep increasing if no retest is done.

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cryptonion-cro

Bearish

#MarketDownturn #BTC☀ #MarketIndicator #marketanalysis #CryptoDecision

56700 Level retest incoming for BTC. If it is broken, then retest down to 49000 level.

Should the 49000 level also be broken, then expect retest down to 38500 level.

Gonna be a bumpy ride. But is healthy, and a much needed proper retest dor BTC to continue its future growth trajectory.

Be careful on taking high leverages, bot worth the risk, seasoned traders prefer low leverage, ensuring profit gained.

Use these markets resets, and trade with your brain and intuition, dont trade with greed.

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

87,475.25

-2.70%

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#MarketIndicator #BTC☀ #MarketDownturn #marketanalysis. #CryptoDecision

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