Bitcoin price action seem to have consolidated into a bearish penant after the strong bearish impulse move of June 10th 2020.
The bears are in charge are may likely drive prices further down to the next key support zone around $8500.
But I wont just sale right away, I will wait for price to break the penant to the downside and/or retest it before I sell.
The bears are in charge are may likely drive prices further down to the next key support zone around $8500.
But I wont just sale right away, I will wait for price to break the penant to the downside and/or retest it before I sell.
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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.