BTC COULD DUMP TILL $74K .HERE IS WHY?
🔸 Look at $BTC 1D TF chart. I have draw a trend line that is acting as strong resistance and predicted all past 3 crashes (happened in past 2-3 months precisely).
🔸 Now it is getting rejected 4th time. So far it is proving a best resistance zone if we look on #BTC 4 H TF chart.
🔸 $74K area will act as magnet area. Most probably we we see it in next few days.
🔸 There is much liquidity on lower side that created recently due to bullish fundamental news (already discussed in previous article).
🔸 Remember $74K area is main support level but not buying area.
🔸 #Bitcoin can go more lower due to of retailers panic selling.
🔸 But $74K zone can prove a buying area if we get confirmations on shorter TF.
🔸 At the moment just waiting for crash up to $74K. Once it hit this zone I will start looking for buying in spot and after some confirmations I will buy.
🔸 It is very simple wait before buying instead of waiting after buy.
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