⚠️BITCOIN AT RISKS! ANOTHER DROP AHEAD TOWARDS $51K ❗️

2 May

Bitcoin has confirmed another major breakout on the long-held support created at the 60k region. Here I witness a breakout and pullback price action which indicates a potential downside shift toward the next support created at 51k zone. If the bearish sentiment creates the required selling pressure, we may see another hard dump towards this price zone.

Watch closely for the price action under the lower timeframe for a bearish flag or indication that can support the bearish perspective we hold here. Looking for a short setup personally which can be targeted towards the next support.