🌈 $BTC RAINBOW INDICATOR UPDATE
The Bitcoin Rainbow Indicator is signaling “Fire Sale” conditions.
📌 Key Expectations:
50k – 52k is a very strong demand zone
Only if this area breaks, we may see 36k – 38k
⚠️ Market Outlook:
Short-term buys & scalps can work
Swing trades and late longs are not recommended due to strong bearish momentum
Trade carefully and manage risk.
DYOR | NFA
#btc #Binance #trading #market #bitcoin
BTCUSDT
Perp
65,970.1
-0.75%