$BTC is ready for another dump ( Real analysis )
Signal type- Short
leverage- 15x-20x
as you can see in my added photo right now $BTC is testing trendline resistance line and I can't see enough strength so that I am expecting another short term dump from 63300$ level if you are in a short position you can hold your position but must use SL at 64400 level.... and now real question is when to close btc short trade ? I can see a support at 61600 level if you want you can close your short trade there because there is a high chance bitcoin can bounce back from that zone... If $BTC breaks that 61600 level support then technically massive dump signal... But I am not expecting any breakout or break down now.... Now market will consolidate in a range... hope you can see in my added photo I already marked consolidation zone...
Entry price- 63300-63800
tp- 62000-61600
SL- 64400
I have explained all probable scenario so that you can understand bitcoin next move
