💎BTC: Things are Getting Ugly on Bitcoin !!
Hello Dear Traders,
In last Post i discussed about triangle breakout upside bt triangle broke downside and we seen massive sell off. when the news came tht ,"US President Joe Biden said to propose almost doubling the capital gains tax for the wealthy".
this news triggered panic selling on U.S Stock market as well as crypto market.
BTC tested 48500$ area, which is good support area bt i m expecting btc will test 44-45k area which strong weekly demand zone. yesterday with this sell off, btc broke last weekly low which is very concerning thing for existing of bull run.
In 2 days we will see weekly candle and in 7 days monthly candle closing, we have to see where we get monthly and weekly closings. which will define Bull market over or not??
In last Post i discussed about triangle breakout upside bt triangle broke downside and we seen massive sell off. when the news came tht ,"US President Joe Biden said to propose almost doubling the capital gains tax for the wealthy".
this news triggered panic selling on U.S Stock market as well as crypto market.
BTC tested 48500$ area, which is good support area bt i m expecting btc will test 44-45k area which strong weekly demand zone. yesterday with this sell off, btc broke last weekly low which is very concerning thing for existing of bull run.
In 2 days we will see weekly candle and in 7 days monthly candle closing, we have to see where we get monthly and weekly closings. which will define Bull market over or not??
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