🔴 $BTC Price Update 🔴
Guys I'm sharing with you the Chart Below ⬇️ to assess the BTC Price drop that happened today.
🔥BTC is hovering around the 39,000$ and 39,900$ Price. The price dropped for a few minutes to 38,850$ which is a major price to consider🔥
💥If BTC drops again under 38,850$ and continues to drop for more than 15 minutes then the price will dip even more. 38,850$ represents the 100 EMA Yellow line in the chart I shared below & it is considered a major level in this stage💥
⬇️ As long as we are above this line then we are safe and the price could increase again, but breaking it means a Volatile drop ⬇️
⚠️ As for Alt Coins, we see that they are still following BTC Price in a decreasing parallel pattern, which means if BTC Price drops would result in dropping the Alt Coins prices even more ⚠️
Final Warning:
⛔️I don't advise Future Longs in such a Volatile Market, because you might get a severe drop at any second in your trade⛔️
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