BTC dumped yesterday due to the Binance News, and is now trading below the major support which was at $26,000.
BTC daily close was below this support.
BTC also touched the lower band of the downward channel and did a quick bounce.
What’s next for BTC?
If BTC can’t break the $26,000 level again, we will likely see it going towards $25,300 – $25,200
$25,200 is where the 200 EMA lies on 1D TF
IF BTC breaks down those levels, we will most likely see a dump towards $24,700 and it will be our second entry to LONG.
TPs: $25,700 – $26,100 – $26,500 – $27,000
