Bitcoin(
BTCUSDT) managed to break the 50_SMA(Daily) in the past days, and this could be a sign for a further fall of Bitcoin.
Bitcoin is currently moving in a Heavy Support zone($95,000-$90,870) and is breaking the Support lines.
In terms of Classic Technical Analysis, the Bearish Flag Pattern can cause Bitcoin to fall further.
I expect Bitcoin to drop towards $91,000 minimum after breaking the Support line and a possible pullback, and if the Heavy Support zone($95,000-$90,870) is broken, we should expect more dumps.
️Note: If Bitcoin breaks the Resistance lines, we can hope for a further increase in Bitcoin.️
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Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰.
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