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COIN NAME : #BTC/𝗨𝗦𝗗𝗧
Signal type : Short
I’ve attached a chart of Bitcoin (BTC), which is currently retesting a significant resistance level. At this point, BTC is in a risky zone. While there's a chance it could break through the resistance, I believe it’s more likely to face a strong rejection. I’ll provide some evidence to support this view.
As you can see from the total index chart I’ve shared, it has formed a rising wedge pattern on the daily timeframe. Currently, the total market cap is retesting the upper resistance line, which is a bearish indicator. Technically, this suggests a likely move down towards the support line, meaning both altcoins and Bitcoin could experience a decline. For this reason, I am bearish on BTC.
entry price- 67000 Join my binance live for premium signals
1st tp- 65000
2nd tp-63000
sl- 70000
leverage 10x
