BitcoinShort
Reached the 1D Resistance. Strong short call.
The 8,485.7 High has crossed the 0.618 Fibonacci retracement point (8,383.30) from the most recent top - bottom on 1D (10,000 - 5,770). That is where the 10,000 High (May 4th) started moving lower towards 5,756.70 on a Channel Down. Based on the 1W Falling Wedge (RSI = 51.503, MACD = -406.000) we expect a similar development (8,691.40 should be the maximum) so a 3rd short has been added with TP the 0.382 level = 7,380.40. The rest remain on TP = 6,855, 5,617.40 in extension. Keep in mind that BTC is still within a projected 1 year + bear cycle that should reach it's bottom near December.
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Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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