Technical Analysis Update, Bonk Coin News Today 2024-05-01

x3-comments (69)in #steemit • 6 months ago

Hello Everybody Welcome to my blog. Today we are going to talk about the Bonk Coin News Today

We didn't expect Bitcoin to drop because it was pretty obvious for quite some time that Bitcoin is probably going to do some fall to the downside it's probably going to make some dramatic moves as well and right now what I'm looking forward to is this little bit of a pattern going on and you have almost like a descending triangle at the moment perfect one and you've already broken to the downside so maybe at least you do have some opportunities to trade and you can expect a little bit of a retest here so you can actually go back up to 246 get rejected here and maybe fall down

if it comes up for the retest you have an opportunity of 21% at least you do have something to trade in the future now I don't trade futures so people can trade futures this is a pro potential Chance by the way

The worst that you can drop and this could be expected is back down to you know 1381 if you can you can expect a dramatic fall down to 1342 because Bitcoin can look to go down to maybe you know 51,000$ or 52,000$