Red Alert: BTCUSD Vulnerable to Major Sell-Off

12 มี.ค. 2024

Today, Bitcoin ventured to the pinnacle of its extended ascending channel, experiencing a distinct rebound. This bounce introduces a heightened risk of mounting downward pressure, potentially leading to a 20% decline in BTCUSDT. The rationale behind this projected drop lies in the proximity of the nearest support level at $57,981, aligning with the 38.2% Fibonacci retracement level and the lower boundary of the channel.

Given these circumstances, exercising extreme caution in purchasing both Bitcoin and altcoins at this juncture is strongly recommended.

18 มี.ค. 2024

บันทึก

Bitcoin sell-off could have come to an end

20 พ.ค. 2024

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