Bitcoin is on its last support before a sharp decline
Welcome back to my Bitcoin analysis update! This is a continuation from my last post. Luckily, Bitcoin is still within the Kumo cloud but damn it's close to breaking down further. The Kijun Sen (red) line is acting a strong support but I am definitely worried.
I think the market sentiment is slowly turning into bearish sentiment again with panic slowly starting to settle in. But whales and market manipulators love to go in the opposite direction of market sentiment. Now would be a good time to recover the price and continue on edge-to-edge price movement.
The next 12 hours will be CRITICAL to Bitcoin's outlook.
My targets remain the same.
Target #1: 10,000 USD
Target #2: 11,600 USD
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