BTC is going to fall?
In the one-hour chart, BTC has fallen below the trend line, rebounded after reaching the lowest point of 20400.00, and tested the resistance trend line, and reached the resistance of 0.382 at the same time.
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If BTC does not return above the resistance trend line, there may be a bear flag pattern, as predicted by the arrow in the figure, and BTC will have the opportunity to test the support range around 20,000 again.
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If BTC returns above the resistance trend line, you can pay attention to 21482.5. This price is a relatively strong pressure level. If the closing price is higher than this price, BTC has the opportunity to large increase.
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If BTC does not return above the resistance trend line, there may be a bear flag pattern, as predicted by the arrow in the figure, and BTC will have the opportunity to test the support range around 20,000 again.
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If BTC returns above the resistance trend line, you can pay attention to 21482.5. This price is a relatively strong pressure level. If the closing price is higher than this price, BTC has the opportunity to large increase.
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