Hello Dear Traders,
BTC Trying Hard to dump below 30k area. today after weekly candle closing we seen sell off frm last weekly Closing price.
This price action is very disappointing and indicating btc wants demand frm lower price areas like 20k.
Death Cross of 200 & 50 MA has successfully completed 2 days ago and previously we seen tht after death cross price tests Crossover area to get more selling pressure and dump with high intensity. As per Previous chart records we may see bounce towards 42k area soon but Higher timeframe is extremally bearish and every strong rise is for SHORT only.
BTC Trying Hard to dump below 30k area. today after weekly candle closing we seen sell off frm last weekly Closing price.
This price action is very disappointing and indicating btc wants demand frm lower price areas like 20k.
Death Cross of 200 & 50 MA has successfully completed 2 days ago and previously we seen tht after death cross price tests Crossover area to get more selling pressure and dump with high intensity. As per Previous chart records we may see bounce towards 42k area soon but Higher timeframe is extremally bearish and every strong rise is for SHORT only.
