BTC: BREAKSDOWN! LOOKS BEARISH!!

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Welcome to this BTC/USDT update. BTC is not looking good in LTF.

BTC is making a bearish pennant in 1hr time frame and breaks down the pennant. Now, retesting the pennant. If you open longs then keep your SL tight.

Looks like it goes for a test to the 42K level. If we are able to hold the 42K level then we can expect a good pump toward the 44k level.

But if the 42K level doesn't hold then ready for 40k. Overall looks bearish in LTF so stay safe and wait for the right time.

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Bearish PatternsBearish PennantBTCBTCUSDTChart PatternscorecryptoTechnical IndicatorsTrend Analysis

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