The overall intuition behind the BTC/USD happened to be correct. The Local Support line was not broken and the price pulled back. We can now confirm the Downtrend and since the pair lies below 100 MA one more fall and pullback will follow.
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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.