O_Positive

BTC - 2/1/2022

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COINBASE:BTCUSD   Bitcoin
Sort of a continuation on the last BTC idea I posted. Based on the channel BTC looks like it's in, I think shortly we'll see a drop in price.

Idea for current supports and resistances of BTC .
As of right now, btc seems bearish and I feel is likely to test support levels at 35.5k to 34k.
I do feel like this downward trend will be short-lived, but depending on how much selling activity happens on the way down, we may very well see a test of support at 29k , but is unlikely.

These are just ideas, not FA. Do research for yourself and don't just take my word for it.
Happy trading and good luck!
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