BitcoinShort
BTC - Channel Update
After my post yesterday I pointed out how we would get one more bullish move back up to see if we could break resistance. After we had the bullish move, we came right back to the top of our very key channel (clue line) and had a swift rejection back down. With how crazy this sell pressure was, we created some bearish engulfing candles that could send us to around $22,800 and possible close yet another weekly candle below the 200 weekly MA.
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