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Technical analysis by Avangelina about Symbol BTC on 9/4/2023

https://sahmeto.com/message/3333820
Avangelina
Avangelina
Rank: 6319
1.5
،Technical،Avangelina

Watch out for BTC blowing past the major weekly trend-line. I think there will be problems if BTC goes below the green trend line which is around 23.4k. Not to be the scary bad news breaker, but we could see a LUNA crash repeat with Bitcoin or if not then a long drawn-out bear market for the next 1-2 years. We have to take trading the market 1 day at a time and assess the the major trend-lines with the recession going on since November 2021.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 week
Price at Publish Time:
$25,894.6
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