A bearish cup and handle has formed in BTCUSD, indicating a possible bearish trend. Price action at the lower trend line of the channel has to be observed. A break of lower trend line may lead to a possible drop in price.
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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.