[Bitcoin] Fail to support the bull trend channel..

٩ مايو ٢٠٢٢

#Crack #Bitcoin #Binance #Daily

- This is the appearance of Bitcoin's bearish breakout at the bottom of the blue large bull channel.

- It seemed to rebound while keeping the $35,071 closing support level, but it showed a bearish trend again the day before and eventually fell.

- In the event of a rebound, it is important to settle upwards of $35,071, and keep in mind that even after an upward stabilization, the bearish trend continues until it breaks above the $37,578 upwards.

- If an additional decline occurs, a decline to 31K-31.6k can be expected, and if the support in the above section fails, it is likely to decline even to 28.1k-29.8k, which provided strong support.

- If the 28.1k-29.8k support fails, there is a possibility that a bearish departure of the bear flag pattern has appeared from the appearance since November, and there is a possibility that a gloomy period of falling to the simple target price of the pattern of 10k-12.1k may appear.