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Bitcoin
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Bitcoin has reached short term support - Can still fall further

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Bitcoin has followed my analysis almost perfectly. After rallying higher and rotating lower recently, the breakdown in price has fallen back into my Tesla arc analysis and appears to be basing near 6k before breaking lower. Don't expect another upside move till levels below $5900 are tested for support. Yes, another short term rally will happen, but it appears prices are seeking support below 6k before this happens.
BradMatheny
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Beyond Technical AnalysisBitcoin (Cryptocurrency)blockchainChart PatternsCryptocurrencyTrend Analysis
BradMatheny
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Disclaimer

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.