Bitcoin Takes Another Dive
The market has formed a pattern of an ascending wedge, be careful, this pattern indicates the forthcoming probability of a decrease in the value of the asset. Reducing BTC may cause panic, and the market will become even more bearish, which will take much longer to recover and form a new wave of growth. At this point, the right decision will be to have patience and monitor your money management and risk management. To consider a more positive situation and open new successful trades, we are waiting for any confident bullish action from BTC, as you can see that a large part of the alt market also follows its behavior and is subject to its fluctuations.
Keep a close eye on the downtrends, we can predict another touch can be of $6000 if the support level at $6300 breaks. Make your USDT/BTC Pair Ready and Wait for $6300 break.
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Bitcoin show this sudden Dive due to the RBI Notice for Banks...