#CryptoMarketDip
*DISCLAIMER*
This post mainly about my POV/personal opinion regarding crypto. Please don't blindly follow and make sure make your trade after carefully analyse the market and follow your own trading plan.
This is my point of view regarding BTC based on chart. We can see price drop from level 102,635 to 95,314 since yesterday. From 4 hour time frame, we can see price break 3 key level with 2 continuous bearish candlestick showed sign of bearish momentum.
Now price has reached next key level at 95,659 and the last 4 hour candle has closed with little rejection. My two cents is price gonna break this key level to continue be bearish mode and approach next key level at 94,274.
We can go short until price reach next key level and this is suitable for short term entry. From the chart, price may go further down to key level at 91,875. But, we further observation on the next 4 hour candle stick before make any decisions on next price target