In the last 50 days, $BTC has continuously fallen from its #NewATH $126k to now reach around $80k , which means it has corrected more than a third, resulting in a decline of 36.5%, hovering around its lowest (Lower-Low) level, the last low being around $75k to $77k , breaking which the market will automatically enter the #BearishZone..!
Currently, it has not yet reached that level and has gained some relief by returning from $80k to $86k , but as long as the second stable level does not cross from $87k to $91k and then $94k-97k, the situation will remain delicate..!
Anyways, Always #DYOR and Trade wisely by using #StopLoss in #Crypto 🙏🤔
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#Bitcoin Trading around $86.5k
In the last 50 days, $BTC has continuously fallen from its #NewATH $126k to now reach around $80k , which means it has corrected more than a third, resulting in a decline of 36.5%, hovering around its lowest (Lower-Low) level, the last low being around $75k to $77k , breaking which the market will automatically enter the #BearishZone..!
Currently, it has not yet reached that level and has gained some relief by returning from $80k to $86k , but as long as the second stable level does not cross from $87k to $91k and then $94k-97k, the situation will remain delicate..!
Anyways,
Always #DYOR and Trade wisely by using #StopLoss in #Crypto 🙏🤔