📊 Is the #BTC downtrend over?
🧠From a structural perspective, the current rally is over. If we want to reverse the daily downtrend, we need to build a bullish structure of the same cycle. That is to say, we can only remain optimistic if we succeed in standing above 84,500.
➡️If we continue to break below the low L: 76,562, the next support area worth our attention is 69,000-72,000
Let's see👀
🤜If you like my analysis, please like💖 and share💬
BTCUSDT.P
🧠From a structural perspective, the current rally is over. If we want to reverse the daily downtrend, we need to build a bullish structure of the same cycle. That is to say, we can only remain optimistic if we succeed in standing above 84,500.
➡️If we continue to break below the low L: 76,562, the next support area worth our attention is 69,000-72,000
Let's see👀
🤜If you like my analysis, please like💖 and share💬
BTCUSDT.P 
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🔥🔥Use the invitation link to register and trade, and you can join the spot VIP club for free.🔥🔥
🔥20% transaction fee discoun🔥
👇Referral code👇
👇BITGET 👇
partner.niftah.cn/bg/wolfking20
👇BYBIT 👇
partner.bybit.com/b/wolfking
🔥20% transaction fee discoun🔥
👇Referral code👇
👇BITGET 👇
partner.niftah.cn/bg/wolfking20
👇BYBIT 👇
partner.bybit.com/b/wolfking
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.