BTC ON THE RISK ZONE BACK TO BELOW 30K (CRASH)

BTC did increase with the least news and confirmed the important level of 30500, BTC still has a high risk for breakdown since the last world trends and Dow Jones expects on range that can meet the corona times effect when the USA charts did crash.

For day trading BTC could be an option, for holding we expect that there is a good chance BTC can get a recovery below 30K again.

Not every increase is a confirmed increase, some times a new increase brings more high breakdown volumes. Every high BTC crash did start with a break increase.

Thank you for reading our update. Please remember that this is not advice for trading.

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Check historical trends and it will show you that every crash did start with a fake increase.

If we could give a value to BTC depending on the last technical view, then it will be valued below 23K now.

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After every not building increase a breakdown did follow - the trend can increase more, but it can meet a recovery as the trend view shows.

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hype news on ETF in combination with the last world trends, the world trends can be stronger than ETF. we have seen more times that hype ends in a recovery.

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BTC can still breakdown below 30K since it does have not a building trend.

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BTC long term for the coming days still very risky and is able to fall since last world trends.

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The fall of BTC will bring more alts with it.
If this happened as we expected it to happen.

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If we study the world trends, than we can expect that some important stocks can breakdown in the coming time what will make dow jones breakdown, and BTC have shows always to follow the main stocks view, what means that BTC can crash also.

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BTC has still good chance to return 30K in the coming time since there is no confirmed trend.

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At this moment BTC is 35K.
Until now bTC has not a building volume, and can still recovery in the coming times.

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with this increase BTC can become risky, and to be a point for whales to take profits.