* In addition to my post about USDT Dominance , being most likely about to do another sipke.

Here we are on the Bitcoin daily chart in order to describe, how that will affect the price:

➢ That will lead to rejection from the critical levels of resistance, being mentioned many times in my posts so far, and so to another drop.

➢ My target for that drop is around 55K, where we have a weekly fvg. (again mentioned many times in my posts).

➢ There we will be watching for the reaction with that level, which will be very important indication about the future price action, especially in the short term.

* not an advice, not a recommendation for a trade

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4:27 AM·Apr 23, 2024 ·Translate