$BTC possible drop.
$BTC : Continuing with our bearish outlook, we maintain the target of a SHORT trade towards $55,500, and a second SHORT entry towards 48,000 USDT.
This represents a drop of close to 12% from current levels đ.
Since March, Bitcoin has been trending downwards. We have already seen four bull traps, and we suspect that we are facing the fifth.
After each of these signals, a new low has been generated on the weekly charts đ.