BTCUSDT: BTC Almost arrived to the strong resistance zone
Hello dear traders
In the daily chart, we can see four channels that including two downtrend channels and two uptrend channel, and the main triangle that BTC almost arriving at the trend line and strong resistance zone as you know BTC couldn't break the trend line as resistance for 4 times and I expect BTC going to the deep corrections.
If BTC wants to go to the bull again and break the main triangle, BTC has to start from 9K and even 8k because after checked the daily, weekly, and even monthly we saw a lot of reasons for bearish again. our reasons are such as the volume of the market, supports, and resistances, pivot points, Fibonacci, and others.
In the daily chart, we can see four channels that including two downtrend channels and two uptrend channel, and the main triangle that BTC almost arriving at the trend line and strong resistance zone as you know BTC couldn't break the trend line as resistance for 4 times and I expect BTC going to the deep corrections.
If BTC wants to go to the bull again and break the main triangle, BTC has to start from 9K and even 8k because after checked the daily, weekly, and even monthly we saw a lot of reasons for bearish again. our reasons are such as the volume of the market, supports, and resistances, pivot points, Fibonacci, and others.
