BTC - 2 Support Lines broken

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Hello all,

Here was the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

What a drop since my last update yesterday. So after the little bounce which was foreseen and expected, the market used it to start a massive correction with the excuse of the ETF postpone. Be sure that news like that just come to justify the moves on the market and not the opposite.

Anyway, we have now 2 major support lines broken on the BTC and we should soon go test the previous low around 5800$. Let's hope that this last resistance will hold the drop because yeah if it is not the case, we could see really an acceleration in a panic sell.

I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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