A couple of days ago I made an analysis where I discussed BTC's short-term support and the bearish targets I had for when the support broke. See below.
As of now, BTC fell right through the support and we're prone for more selling ahead, potentially even a capitulation below $17.6k. September is historically crypto's worst month, so be mindful for a lot more bearish price action.
Targets for now are placed at recent lows.
As of now, BTC fell right through the support and we're prone for more selling ahead, potentially even a capitulation below $17.6k. September is historically crypto's worst month, so be mindful for a lot more bearish price action.
Targets for now are placed at recent lows.
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