What we said earlier, I hope many of you are safe.
BTC has broken down from the rising wedge and already sliced through the $115K support zone. The next major level to watch is the psychological support at $110K. If buyers defend that area, the market could stabilize, but if $110K fails, we’re looking at a deeper correction ahead.
In short: $115K is gone, $110K now becomes the crucial line in the sand.
BTC has broken down from the rising wedge and already sliced through the $115K support zone. The next major level to watch is the psychological support at $110K. If buyers defend that area, the market could stabilize, but if $110K fails, we’re looking at a deeper correction ahead.In short: $115K is gone, $110K now becomes the crucial line in the sand.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.