Bitcoin
Short
Updated

BTC: Bearish for now

144
BTC's current trend leans bearish, possibly leading to a test of 28,840. A clear break and retest of the 29,600 (200 SMA) is the key to a bullish shift. Revisiting 28,260 remains likely and could signal an optimal entry for the upcoming bull run.
Note
Perfect rejection at the 29'600 level (200 SMA), overall picture remains bearish.

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