🛑 $BTC USD is a big dump 😨How much further will it go down ...BTC IMPORTANT UPDATE ..MARKET CRASH ‼‼‼
✔✔How are you all? So, you can see that BTC is moving bearish by now. I explained this to you in the previous BTC update about the fake pump and other things..so how big a dump will this be? Let's see what confirmations we have. I have put all the charts related to this below.👇
🔸If we take the 1 hour chart, a bearish market structure has been shown as of this evening. After a break of structure, you can see how this dump has been moving down in a stair-step pattern, creating a BOS. The second high low was made between $119,000 and $118,000. So, this dump started happening by taking the retest from the bearish order block here. All the imbalances we have so far have been balanced. But we can see a big IMB between $113,444-$120,000 below. So to fill this imbalance, the market needs to move down. This IMB area is likely to hit the wick of a bullish candle. Many people keep this area as a point of interest if there is no POI. If BTC comes to fill the IMB, your buy entry here is likely to hit the SL. So let's wait until the market moves there. This dump (-5.02%) will dump with a normal gain. BTC.D is also in a dump right now, so ALTS is stable. But don't go for long entries just yet. Have a good day everyone. Leave your comments below.