BTC/USD Struggling
The current bitcoin outlook seems to be leaning more towards a bearish outlook after a rejection of a previous support level as well as the confluence of multiple relative retracements. The fall below the internal trend(blue line) could mean the continuation of that underlying direction. Ideally price would have to curl up and away from that downward line but for now it looks like possible downside. Targets would be previous support and possibly even the blue rectangle projection.
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