Bitcoin remains ABOVE thin orange downtrend line, but btc couldn't get back into thin teal uptrend line again, so now it looks as if it's going to drop to retest thin orange downtrend line 😯 with a higher probability of getting into orange triangle... In order for BTC to get back into thin teal uptrend line bitcoin must close above thick yellow line @ 64,300 price area today 😯 In order for bitcoin to stay above thin orange downtrend line BTC needs to close above thin red line @ 56,900 price area today... If BTC decides to break below thin orange line, getting back into orange triangle, bitcoin will need to close above thick blue line @ 55,600 price area in order not to break towards the downside of thick orange uptrend line...
Bitcoin NEEDS to close above thick red line & thick black uptrend line @ 53,800 price today, or Btc could downtrend towards MUCH lower price levels 🥺📉 like 49k price area
51.5 thousand should be the Super max dump level bitcoin could go today.... worst case scenario 📉😈🌧
source https://www.gasleesun.com/2021/10/date-10162021-gas-lee-sun-presents-day_15.html
source https://www.smartmoneymanagement.info/2021/10/date-10162021-gas-lee-sun-presents-day_16.html
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