BTC has decides to fake out back into thick pink downtrend line, and now Bitcoin is Looking bearish towards touching thick orange uptrend line @ 57.5k price area. In order for BTC to get back above thick yellow uptrend line bitcoin must close above thick green line; breaking to the upside of thick purple downtrend line @ 64k price area today 😯 In order for bitcoin to get back above thick teal uptrend line BTC needs to close above thin purple line @ 68 thousand price area today...
BTC needs to close above thin orange line @ 60.6k price area today, in order to break above thick pink downtrend line.
If BTC decides to fake out below thick blue downtrend line, Bitcoin must close above thick @ 55.2k price today, or Btc could downtrend towards MUCH lower price levels 🥺📉 Like 51k price area IS the max dump level bitcoin could go today....😈🌧 low chance.
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