Hello friends . this is my idea about bitcoin .
price has broke an strong trend line and an strong support area which i have marked by a red circle ... there was a conjunction of a trend line a support line in red circle that price lost both of them and after pull back we can see lower prices such 42000 and even 30000.
i do not see any bullish signal and bulls lost their power and we can see a bearish market right now.
i tried my best to show you a clear vision of what has happened hope it be helpful .
price has broke an strong trend line and an strong support area which i have marked by a red circle ... there was a conjunction of a trend line a support line in red circle that price lost both of them and after pull back we can see lower prices such 42000 and even 30000.
i do not see any bullish signal and bulls lost their power and we can see a bearish market right now.
i tried my best to show you a clear vision of what has happened hope it be helpful .