BTC KEEP THE CHARTS SIMPLE AND ZOOM OUT!
BTC is looking bearish short to medium term.
Levels marked with O are very important for the bulls at $42,000-43,000, if these break then the next target marked X would be $36,000-38,000.
This is also the target of the Head and Shoulders pattern.
For BTC to be bullish we have to break above $47,000 and hold as support, if we break below $35,000 then there is nothing stopping us going lower.
RSI shows the long term trend.
Safe trading.
Levels marked with O are very important for the bulls at $42,000-43,000, if these break then the next target marked X would be $36,000-38,000.
This is also the target of the Head and Shoulders pattern.
For BTC to be bullish we have to break above $47,000 and hold as support, if we break below $35,000 then there is nothing stopping us going lower.
RSI shows the long term trend.
Safe trading.
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