🔄Friends, hello everyone. The market situation has taken a negative turn, and the new week opens with a breakout of the ascending channel in a short position. Currently, we are consolidating below and creating a dangerous wedge with the realization of a bearish flag in the medium term.
❗️This could potentially lead to a drop into the $75,000 area within a couple of weeks. I would prefer not to see this structure develop, and for that, we need to return to the channel and continue the upward trend towards $96,000.
Much will depend on the decision regarding the key interest rate and Powell's speech. Stay tuned.
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#Аналитика
BTC Realizing a short position exit.
🔄Friends, hello everyone. The market situation has taken a negative turn, and the new week opens with a breakout of the ascending channel in a short position. Currently, we are consolidating below and creating a dangerous wedge with the realization of a bearish flag in the medium term.
❗️This could potentially lead to a drop into the $75,000 area within a couple of weeks. I would prefer not to see this structure develop, and for that, we need to return to the channel and continue the upward trend towards $96,000.
Much will depend on the decision regarding the key interest rate and Powell's speech. Stay tuned.