AS we can see from the above-mentioned chat that BTC fell 14% after printing a bearish fall pattern and now heading towards the price level of 21k.
Break below the price level of 21K will lead BTC towards the retest to its previous ATH which is 19k which BTC never did ever.
Let's see how BTC performed in the upcoming days.
Hello, members welcome to this BTC /USDT quick chart analysis.
This is not a piece of financial advice. Do hit the like button if you like it and share your charts in the comments section. thank you.
Comment
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Hello guys, BTC played out as expected. It broke down below the 21K support level and currently trending at 19k. Now, BTC must hold this range showing some consolidation, and then bounce back. If at all BTC breaks down below the 19k support range then the only support we see is at 12k.
Why do you think a small natural fib retrace in December 2021 has any significance on a price channel in late June 2022? Not disagreeing with the channel, just want to know why you tied those two together as "the same condition"?