#BTC/USD Bounce incoming or more dump? Important Update!

Welcome to this quick update everyone.
Hope you all are doing good.

BTC followed every update that I posted.
The charts speak it all!
BTC broke down off the cliff and currently trading around $11150s while I am writing this update.
I could see a purple expanding channel in the chart. If BTC respects that channel we can expect it to bounce here if not BTC can go as low as $10,000!

Important Support Levels:

$11100
$10890
$10430
$9870

Though it's unlikely for BTC to go below $10,000 but it's not impossible. Bounce is likely in the green zone.
I need you to be vigilant and stay tuned to all my updates.

I have plotted the two possible scenarios in the chart which i think could play out.
So do your own research and trade accordingly.

Do hit the like button if you like my updates and share your views in the comment section.

Stay safe

#PEACE

Kommentar:

DAILY CHART:

In this daily chart you can clearly see the breakdown of the rising wedge channel that we have been talking since very long. IT FINALLY BROKE DOWN.
Currently hitting the important support level. If it bounces from here all good! If not be ready for 10k.
I will keep this chart updated, stay tuned.