Bitcoin
📈 We received a reaction from the support zone we mentioned in the chart before. First there was a downward movement, followed by a correction (rise). Additionally, we took a short position with an AB=CD formation.
We evaluated the position we took from the short region of the formation where the correction ended. Now let's think about what will happen. It will most likely attempt to test the major green zone, but the possibility of further declines should not be ruled out.
As the fear index increases, we may see new lows. Markets with no volume can be affected positively or negatively by a small news. Additionally, we are starting to see the negative effects of the war on the crypto market, and we are likely to see more of these effects. 📉
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