The bleeding will continue. This bounce is just to test the $90k line (if it gets there) but price needs to stay above its Zero line and bounce break and stay above $93k - $94k for the rest of week to invalidate the confirmed 4hrs Bearish Time Cycle but I doubt it cause as of now the power is to the downside. For now every bounce is just to continue lower. Buckle up boys and girls and grab your popcorns wild volatility is coming back.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.