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#BTC/USD #Bitcoin have been falling down by reaching low poi | CRYPTO COACHING α |BINANCE SPOT & BYBIT FUTURES|

#BTC/USD

#Bitcoin have been falling down by reaching low point of 20 111$ by touching FIBO 100% and breaking down 28k demand zone, at low frame chart it is continuously dropping by giving some dead cat bounces. Now the current important zone for it to defend is 20 000$ . A bounce is expected from current zone to 30 000$ directly and if it breaks down this level then range play between 16 000$ can be expected.

We have to go up to 25k next hours/days to turn reversal ( High Probability ) or we go down to 16k

https://www.tradingview.com/x/V4fu2v7R/