BTC UPDATE: BTC is dumping badly because of the war situation | MappleTradex™Crypto Signals

BTC UPDATE:

BTC is dumping badly because of the war situation is going on between Russia and Ukraine. We pray for everyone's safety.

Now let's go to the chart. BTC is trading below $35k and again trying to enter into the falling wedge which was broke out few days before. If it again goes inside the wedge then things become ugly. As of now BTC has a support at $34,800 level. BTC must bounce from here otherwise we might see $28k-$30k level.

IMO it's better to wait for the daily close before making any conclusion. As of now stay safe and don't take any new positions.