ShabeebAlthaf

Bitcoin (BTC)- Day Chart Analysis

Short
BINANCE:BTCBUSD   Bitcoin / BUSD
Bitcoin ( BTC ) has currently wiped out 50% of the entire market capital over the week and it is still yet to reach the price target of 28k Dollars within upcoming weeks or months. In Day Chart is has formed head and shoulders pattern, which indicates downward movement of the particular currency pair to go down till the mentioned price level i.e. 28k dollars in INR it comes up to 22-24L. Market can expect a reversal once after price reached that level of support and can pull-back up to 48-50k dollars in short-term. Investors can look up to this price level for short-term investment in any pair of alt coins.
Comment: BTC low 28800.00 almost near our Target.