🛑Why did $BTC start going down at once? 🤔‼‼ Is there a BTC big crash 🤯?
✔✔ How are you guys? Here are some important updates for BTC today. Why has BTC turned into a down trend since yesterday after pumping $65,100? How much more can it go down? If you want to get a long entry again, what kind of place should you enter from? Here are all the updates .
🔸So you may remember that I gave many updates to BTC earlier. In all of them, I said that BTC will go down after touching 65k. So, as I said, BTC touched $65,108 yesterday and is gradually going down, you can see. So if we take the 15 min chart, we can look at the (IMB) imbalance area at 62,255$-61,917$ as an area that will pump again. So BTC can go down to the purple area that I have marked in the same way that it goes down.
🔸Okay then, let's see what the confirmation is in the 1 hour chart. At a glance, it can be seen that a bearish divergence (DIV) has been formed with two bearish candles and has gone down. Also, the BTC 1 hour chart moved in an ascending triangle. It was after the brake out of this triangle that BTC continued to pump. BTC pumped to the support line in this pattern without retesting, so we can conclude that it is coming down to retest again. According to the 1 hour chart, BTC should go down around $61,225. You can see this more clearly on the 4 hour chart. I have put all those charts below. So after this retest you can usually get a big gain like BTC 7.34%. So everyone, pay attention to every point I have given.
👉So I think all the things you need to know are here. I have clearly stated all this so that even a person who has no understanding of how the market moves can understand. So don't forget to follow us to know this kind of update in short and easily. Good day everyone
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