Even though we have 2 possible scenarios, the daily chart suggests short term downtrend. if it goes below the lower trend line (RED) bears would take over, our next support is around 28k-30k. And if it fails to hold it, it may go down to 20k. However, if it goes above the upper trend line (GREEN) bulls would take over. On a positive note: Minor corrections like these are necessary to sustain healthy growth and higher highs in the future! What are your thoughts?
I got into Crypto last year, and I am still learning. it's been a fun ride though!!
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