$BTC đDUMP COMMING âïž
As you can see, the trend line is set, and we are approaching its testing limit.
If we fail to get back in it, we will undoubtedly experience a significant drop.
And how low can we go? Around the 48600 zone, which will likely have multiple stops, as we have experienced on our way up.
I am talking about 50k, 49k. Additionally, it looks like a possible head and shoulder pattern, which is a strong bearish indicator.
Although let's see how things turn out, I am not yet ready to enter a short position.
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