Short

BTCUSD - Short Idea Update

Updated

Bitcoin at a critical level, breaking below 8600 will see 8000 in a hurry. Target T1 may be just the beginning as the energy stored in the rectangle yellow area may propel it down even further. The green trendline support is coincident with Volume Profile lower end of value area and past days support levels, nonetheless I can see much further down as mentioned earlier.

Trade closed: target reached

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