BTC approaching the intersection

٢٧ نوفمبر ٢٠٢١

( This is my bearish scenario). Currently Bitcoin is heading in the direction of a demand zone and a trend line intersection. Both intersecting at prices as low as 49,500$ And Up to 52.500$. Depending on how quick it gets there. However the RSI and Stoch RSI are fairly low and could indicate some upward movement soon. Anyways this is just a simple idea I wanted to throw out there. Saw this and I decided I’d write it down in the case it happens.