BTC to 25K?

11 May 2022

BTC has broken the parallel channel (and so did RSI).
It's now back testing the channel. I think that it will go down to 26K-25K to fill the CME gap.
I expect also a big pullback once it will be that low.

12 May 2022

Not

BTC has been going down and tends to reach 25K. We can see Lower there is a "High-Lower Low" formation.

12 May 2022

Not

I means: There is a "Lower High-Lower Low" formation.

12 May 2022

İşlem elle kapatılmış

I just realize that if we look at BTCUSD pair (not BTCUSDT used here in the chart), the wick is down to $25300. So for me, this prediction is done here.