Bitcoin has been in a descending crab 🦀 channel since November 2021, looks like there might be some more on the downside.
Possible scenarios:
Bounce off the blue dotted line support around $38 156.60
Drop below it onto the red dotted support line ($34 345.54 - $32 000)
Even if there is a Complete Crash onto the Green ATL Trend Bottom $24 500 we should still be good.
If we drop below that the bull run is probably over and we already in a bear market.
#bitcoin #btc #possbilescenarios
