Good morning everyone,

👉 Yesterday, I provided a bearish update, and I mentioned a new support level would be created, which has successfully occurred. Last night, BTC experienced sideways trends, so I went to sleep. I anticipated BTC would drop soon, and that prediction came true.

👉 As per the 15m chart, $BTC has resistance at 43708 and a new support level at 43197. The support level was successfully broken 2 hours ago, causing BTC to drop suddenly to 42829. However, this is not the limit; BTC may drop further. For this breakout, BTC could fall below 42300-41850. So, everyone, hold your short position until our expected target or until I provide a bullish update.

👉 #BTC 8H chart update will be provided soon because I am waiting for bearish momentum confirmation from the 8H chart. Perhaps today, anytime, BTC will enter bearish momentum on the 8H chart. If it enters, BTC will drop below 35,000. Please wait; I will provide updates.

👉 Everyone, please trade with enough funds. Always keep your liquidation price in the $3000 price range and avoid liquidation.

👉 If our information is useful to you, show your support by giving likes to this post and sending tips of at least $1 or more. It will motivate me, and everyone can receive more accurate analysis updates.

Thanks for your support and love ❤️.

Author: @KingofBTC2024 (For All) BXT

#ibit #bearishmomentum