Finally BTC failed to reach the 9900-9950$ zone to break out and rise further.
Currently there is quite a bit of bad news affecting BTC price such as the legal issue of BitMEX and Bitcoin account of Nakamoto Satoshi is moving some BTC amount to another addresses.
We can see that BTC fell off the Ascending Triangle pattern and failed to retest the bottom of this triangle
Price zones that can support BTC are 9000$ and 9150$. We can buy at these two zones with the spare USDT that we have prepared in advance
This uptrend of BTC will actually fail if BTC falls below 9000$
Currently there is quite a bit of bad news affecting BTC price such as the legal issue of BitMEX and Bitcoin account of Nakamoto Satoshi is moving some BTC amount to another addresses.
We can see that BTC fell off the Ascending Triangle pattern and failed to retest the bottom of this triangle
Price zones that can support BTC are 9000$ and 9150$. We can buy at these two zones with the spare USDT that we have prepared in advance
This uptrend of BTC will actually fail if BTC falls below 9000$
Note
Done this idea
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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.