History may not repeat itself, but it often rhymes - BTC is once again approaching the lower edge of the channel, and the risk of a breakdown is sharply increasing; the diamond top pattern is releasing a classic reversal signal, further strengthening the bearish logic.
- BTC: Short in the range of 110000-110600, target 108600-107800 - Two pancakes: Short in the 4050-4080 range, target 3985-39450 #BTCUSDT$BTC$ETH
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Weekend Market Alert: BTC Approaching Key Support, Bearish Signals Strengthening
History may not repeat itself, but it often rhymes - BTC is once again approaching the lower edge of the channel, and the risk of a breakdown is sharply increasing; the diamond top pattern is releasing a classic reversal signal, further strengthening the bearish logic.
- BTC: Short in the range of 110000-110600, target 108600-107800
- Two pancakes: Short in the 4050-4080 range, target 3985-39450 #BTCUSDT$BTC$ETH