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😵 Short 🔴 : Bitcoin (BTC) Encounters Seller Dominance at Resistance
Pair: #BTCUSDT.P
Interval: 1W
Date: 07/10/2024 09:30
Exchange: BingX

Last week, a sharp rejection was observed from the weekly opening to the weekly closing, resulting in a full-bodied candle close without any upper wicks. It is noted that sellers are gradually gaining dominance, and anticipation is on a potential further confirmation with the closure of an additional red candle this week, potentially initiating a significant downward trend. A fire sale is eagerly awaited by market participants.

#BTCUSDT.P is tradable on BingX 🚀💰

#BTCUSDT.P | #BTC | #BingX