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- 🔥 Gate Square Event: #GateNewbieVillageEpisode10
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$BTC - [D]
This is some warning post you need to be aware of.
The situation is not clear yet, that's why I labelled it as informative.
The weekly candle has not closed yet, hence the reasonings above.
But if it closes like this, ain't a really good sign after 3 months spent bouncing from the support - price finds acceptance back below the weekly S/R, case it happens. (i.e. lower prices expected)
We'll update with a 100% clear answer upon weekly close.