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BTC/USD is Ready for the Downfall BTC/USD has completed the bearish crab pattern. As per the rules of the crab pattern, the trend of BTC/USD started to fall because it's a bearish crab. But it's suggested to sell near the D point. It will fall up to the targets 12972.35 - 12087.10 - 11465.31 . But as it's crab pattern, there is a possibility of a pullback. If it starts to rise, DO NOT SELL .
BTC/USD - weekly Analytics + Altcoins 25.04.2022Local price consolidation in bitcoin ended with impulse decrease. The only thing that provides confusion - is the pessimism of investors about the market. So the situation looks ambiguous: the technique says about the decrease, while the mood increases the probability of growth. Therefore, we should wait for local movements, which may give additional signals about the future of bitcoin and the crypto market as a whole.
Altcoins:
In our opinion, TRX still looks attractive for buying, yes, there is a possibility of local decrease, but it should not affect the global rising trend.
BTC/USD chart levelsBTC USD Chart level for next few days.
1. The market is currently in no-trade zone.
2. Current prices are at support level. However, it has rejected the 40,000 levels.
3. Possibly, squeeze is going on. If is breaks green support level, we can be bearish.
4. If it breaks 40,000 level, we can be bullish.