On the daily chart, BTCUSD formed an insidebar and broke down, and the short-term bearish trend is dominant. At present, we can pay attention to the resistance near 85200. If the rebound encounters resistance, we can consider shorting. The downside target is around 73600.
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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.