BTC is in a bearish trend on Hrly levels. It printed series of LHs and LLs and took a correction. Currently its in a distribution phase and is likely to move down to continue bearish trend. Short positions may be looked for.
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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.