New update. $BTC
If they can sink the BTC/USD pair below $9,835.20, there is a minor support at $9,540, which is close to the large symmetrical triangle and is also the target objective of the head and shoulders breakdown.
If this support also cracks, a drop to $9,000 and then to $8,000 is possible. Such a move will shatter sentiment and could drive away buyers.
This bearish view will be invalidated if the bulls can push the price above $11,000 and sustain it.
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@ClDvor
posted
4 years ago
Well for me, I think whatever has an advantage definitely have a disadvantage. Should btc drops to $8k, this should be an advantage to those that are yet to delve into it and buy, in the other hand, a disadvantage to already hodlers🤭