source avatarBADMONEY

Share

🚨 BTC: Remember this chart. I’m still waiting for Bitcoin to test my aqua level (~$71.4K) and yellow trendline before calling this correction over. The daily 200 SMA came close to getting its kiss… but not quite. 👀 If BTC tests these levels, holds, and starts moving up, I’ll consider the correction over. But if shit really hits the fan? I’m prepared for the RED LINE (~$51K). 🩸 That’s the REAL killer position. The kind of move where everyone declares crypto DEAD again. Bitcoin has revisited its long-term max-pain trendline repeatedly throughout history. Buy a line. Sell a line. #Bitcoin #BTC #Crypto #TechnicalAnalysis

No.0 picture
No.1 picture
No.2 picture
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.