Bitcoin( BTCUSDT) continued its downward move with the help of the Adam & Adam double top pattern and reached its target(Target Done).
Currently, Bitcoin is moving near the Cumulative Short Liquidation Leverage ($78,540-$77,780), and the resistance zone($77,480-$76,740).
I expect Bitcoin to drop to at least
the Cumulative Long Liquidation Leverage ($75,710-$74,950) with the help of the Bearish Bat Harmonic Pattern after the lower line of the ascending channel is broken.
Target: Cumulative Long Liquidation
Leverage($75,710-$74,950)
Stop Loss: $77,950
CME gap: $84,560-$79,660
CME gap: $69,535-$70,055
CME gap: $67,570-$67,170
What is your opinion on the short-term trend of Bitcoin? $BTC #BTC
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