BTC @ critical support 2

9 בדצמ׳ 2021

₿ITCOIN approaching important support @ 47250-46600 (market structure + 50% fib retracement). We could see a bounce followed by sideways price action. Then breaking up the red downtrendline would be bullish. On the other hand, breaking down the 46600 support could lead to further price drop to the bottom around 42k. Staying neutral, just observing... 🧐

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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.