BitcoinShort
Major trendline broke for BTC
The trendline that was the major support zone for over a year broke yesterday.
If prices continue to trade beneath, we will have heavy resistance in the common months to come, e.g heavy resistance in Feb 2024 at ∼ 48k $.
Last time we broke the trendline we had a major correction.
So buckle up. The start of the year might be a rough ride for BTC.
If prices continue to trade beneath, we will have heavy resistance in the common months to come, e.g heavy resistance in Feb 2024 at ∼ 48k $.
Last time we broke the trendline we had a major correction.
So buckle up. The start of the year might be a rough ride for BTC.
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