Very Bearish BTC/USD Chart
as micheal burry tweeted, btc/usd h&s pattern is obvious and the gann fan 2/1 level is broken, 30k level is likely broken because the price makes lower highs and lower lows at the moment.
after the support at 30k breakes the first level to eye is 27k-28k support but this level is untested so we'll probebly have a weak support. then we have 23.5 k support which gann fan 3/1 level is likely to hold for a while, if that level breaks the final stop will be 4/1 gann fan level which is also 20k strong support. its highly unlikely to price to break this support but if it does the next level would be 8/1 gann fan level and 14k support.
BITBAY:BTCUSDT
after the support at 30k breakes the first level to eye is 27k-28k support but this level is untested so we'll probebly have a weak support. then we have 23.5 k support which gann fan 3/1 level is likely to hold for a while, if that level breaks the final stop will be 4/1 gann fan level which is also 20k strong support. its highly unlikely to price to break this support but if it does the next level would be 8/1 gann fan level and 14k support.
BITBAY:BTCUSDT
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