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BTC/USDT BEARISH CONFIRMATION!

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Bitcoin / TetherUS PERPETUAL CONTRACT (BINANCE:BTCUSDT.P)  
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BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Fundamental Analysis Chart Patterns Trend Analysis BTCUSDT BTCUSDTPERP btcusdtperpetual btcusdtshort btcusdtperpshort btcbearish bearkmarket Bitcoin (Cryptocurrency) bitcoinpriceprediction
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fundamental chartpattern trendanalysis btcusdt btcusdtperp btcusdtperpetual btcusdtshort btcusdtperpshort btcbearish bearkmarket bitcoin bitcoinpriceprediction
The final monthly support trend from all the way back to 2021 is finaly giving up. Btc has been in a short distribution fase of Wykhoff to get all the final liquidity and supply for a move downwards. As we can see from a higher timeframe BTC has broken the marketstructure. On the weekly we can confirm this. A downwards trend is holding the price down.
Important key levels of supply:
26k-28.8k
22.5k-24K
18k-20k
The next upcoming range will be the final range between 26k and the current price. We have to break 26.636 to confirm a market structure break. This will act as a important bias for a move downwards.
Updates will follow soon.
Cem
İşlem kapandı: hedefe ulaştı:
Good trade!
Feragatname

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