Bitcoin has often completely ignored BEARISH signals but a RED Engulfing candle Such as the one that looks like being the weekly close is worth paying attention to
We do have the 200MA (yellow) below which may or may not offer support
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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.