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Crypto Potato
2023-03-08 15:12:58

Is Bitcoin Headed to $21K or Will the Bulls Bounce Back? (BTC Price Analysis)

Is Bitcoin Headed to $21K or Will the Bulls Bounce Back? (BTC Price Analysis)

After forming a bearish three-drives reversal pattern, the price has recently dropped below the neckline, delivering a significantly bearish signal for the short-term outlook. As of now, BTC faces an important support region at $21K. Technical Analysis By Shayan The Daily Chart As expected, the three-drives pattern resulted in a trend reversal and a decline

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