BTC# 82 -- 03/05/2021 correction to $41,000?!

5 במרץ 2021

Hello together,

Enclosed is again my daily update for the BTC price.

Unfortunately, we could not confirm our Head and Shoulders Pattern and are corrected downwards. An important price level is now the $47,000! Here BTC must show a reaction and go up now! If we cannot hold the 47K, it is very likely that we will fall to the $43,000.

Keep an eye on the downtrend channel now! On a breakout and 1h candle close above resistance (downtrend) would be a good entry for a long trade!

Short and quick update for you today!

Stay healthy!

Your Scheuco / BTC Moneymaker

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