🪙 Price Movement Expectation
The price enters the red block, from where you need to look, where the seller is activated. The basic plan is that this move is a "retest" for the continuation of the bearish trend.
We will start considering the bullish scenario only if we exit and consolidate above the $17,600 level. In this case, the first target will be $18,000.
So far we are going according to plan. Bitcoin reached the first target of $17,200-17,400, from where a reversal could begin. The second zone in case of continued growth is $17,600. In the overall picture, we expect a decline to $16,000.
@CryptoCoffeeCan
The price enters the red block, from where you need to look, where the seller is activated. The basic plan is that this move is a "retest" for the continuation of the bearish trend.
We will start considering the bullish scenario only if we exit and consolidate above the $17,600 level. In this case, the first target will be $18,000.
So far we are going according to plan. Bitcoin reached the first target of $17,200-17,400, from where a reversal could begin. The second zone in case of continued growth is $17,600. In the overall picture, we expect a decline to $16,000.
@CryptoCoffeeCan