Family, there's panic in the market! 😡

$BTC is plummeting downwards. Let's get to the bottom of what's even going on here.

The price decided to take the bearish path ➡️ and go down to the 1st support zone ($114,222-112,938). As you can see, so far this range manages to hold back the sellers' onslaught 💪, but I think it won't last long... Now it looks as if the asset decided to completely fill the lower 1D imbalance ($114,693-$110,590) ✅ before continuing its growth. In this case, I will expect the correction to continue and open new long positions only after a clear break of the downtrend.

🗣 In general, Shah7-1-2 recommends to abstain from trading for a while and just watch the further development of the situation. 😇 I hope that soon the market will come to its senses and continue the global bullish trend.