BTC double top with loss of support, immediate zone of support $37k to $38.8k with potential to push to $35k in near-term.Macro environment uncertainty & hawkish Fed resulting in risk-off behavior.
Further bearish continuation likely with LTF bounces that present some opportunity for scalping activity but caution must be exercised as continued downward momentum remains in place.
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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.