🛑BTCUSD IMPORTANT UPDATE‼‼ Why did $BTC crash ..will it dump again 🤯When will BTC go back to 100k
✔🤔How are you guys? So BTC started going down since last night. Today, it has gone down to a price of around $87,600. I got the reason for this from SMC. And let's see what kind of areas it can pump from again.
🔸If you take the 15 min chart, you can see a bearish order block with LH. It has prevented the $95,700 area from being reached. As we expected, the market did not reach that area. The reason for this is that the expectation given after the OB was made did not reach the top. That means it has only reached the middle of the 3 bearish candles there. In short, there has been an imbalance filling between $95,500 - $95,000. Then all the bullish order blocks below braked and BTC is down with a big gain. A big gain of (-8.19%). Speaking of BTC.D, it has been bought in a big pump. So these two are going against each other, which means ALTS decreases fast dump. This is why many people's long trade SLs are hit. So we as traders need to be very careful about these two.
🔸After the dump, the last bearish wick has been placed on a 1 hour bullish OB. So from here, the pump can be started again. Even if this pump continues, it will pump between 95k - 96k. In other words, I wish everyone a good day.