$BTC today‼️
For several days, I've been warning you about a price correction to the lower boundary of the hypothetical ascending trading channel and explaining the reasons for the decline. I hope you made money. The profit was at least 15% on the short trade.
As I predicted, the Bank of Japan's tightening monetary policy has caused negative sentiment among market participants. We're seeing moderate economic data, but there's a battle and a split in the background.
The upward trajectory of the 200-week moving average (H1) is breaking down. If the bulls fail to hold above $77,200, the trading channel will likely break, and a correction similar to November 2018 will begin.
I'm short. This is not financial advice.
Furthermore, there are large outflows from the BTC ETF and ETH ETF today.
Wishing everyone profits💰💪