Hello, dear TradingView members
The price consumed all the liquidity by hitting the resistance area of 21800 and hitting the line EMA 50. and it broke its daily support line of 20,780. Bitcoin's downtrend will continue now. There are 2 scenarios: 1- The price hits the daily support area of 20780 and continues the downward trend of Bitcoin. 2- Here, the price will continue its downward trend until the area of 19k.
The price consumed all the liquidity by hitting the resistance area of 21800 and hitting the line EMA 50. and it broke its daily support line of 20,780. Bitcoin's downtrend will continue now. There are 2 scenarios: 1- The price hits the daily support area of 20780 and continues the downward trend of Bitcoin. 2- Here, the price will continue its downward trend until the area of 19k.
