We had a break down from the acending trangle we may test 30k if all things pan out.
The price should climb back to 42k since VA was reached and we some some great selling volume followed by an increase of buying volume. If we get a break out to the upside of the wendge by the end of the month that would still be too early for a recovery in my opinion. there may be another visit to 28-33k area eliminating the final bears.
This may be the last time in a while that we will reach 34k in a long time if we don't break lower.
As You can see there is a lot of FUD in the markets so making perdition is basically meaningless, but here goes nothing...
We are currently seeing a heavy squeeze volatility has dropped significantly, I expect a continuation pattern to occur going with the trend, Price is set to climb to .95 and I expect to see a huge resistance there, since many people will be trying to cash out around that mark... Psychological resistance. Let me know your thoughts :D
BINANCE:BTCUSDT