#BTC BTC UPDATE:
BTC is moving in a Channel which indicating a bearish continuation trend so I recommended everyone to avoid long trades till we see the breakout or breakdown.
Typically breakdown will happen nearly 58.1k-58.4k and the targets will be
57k , 56k , 55k , 54k , 53k, 52k,
And if the breakout happen then we will see a Bullish movement.
Breakout will happen above then 61k and targets will be:
62k , 63k , 64k , 65k, 67k , 68k
This is 4H Time Frame so it may take a time to breakout or breakdown the channel.
I specially advise to stay safe in this situation and wait for the breakout or breakdown.
#mi_395 #altcoins #BlackRock #buythedip