Hi Traders,
So on our last $BTC post we explained that prices would continue to make this way down towards the bottom of the channel and thats exactly what's happened over night. Prices still looking extremely bearish with very little buy volume entering the market as of yet.
We will be looking for a pullback in prices towards the zone where the 0.382 FIB can also been seen. if buy volume presents itself we could see an overshoot to the 0.618 FIB where theres a key level to be tested as resistance.
The next stop for $BTC prices once a break of the lower low is made will be the bottom of the channel after that $24,000-$20,000 has a large block where liquidity can be captured for prices to push back up.
Thanks
MS
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
So on our last $BTC post we explained that prices would continue to make this way down towards the bottom of the channel and thats exactly what's happened over night. Prices still looking extremely bearish with very little buy volume entering the market as of yet.
We will be looking for a pullback in prices towards the zone where the 0.382 FIB can also been seen. if buy volume presents itself we could see an overshoot to the 0.618 FIB where theres a key level to be tested as resistance.
The next stop for $BTC prices once a break of the lower low is made will be the bottom of the channel after that $24,000-$20,000 has a large block where liquidity can be captured for prices to push back up.
Thanks
MS
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
