Short

Short Bitcoin after Market Structure Break of $29,600

Since Bitcoin has failed to reclaim 29,600 I am Short. Invalidation would be a 2H close back above 29,600. Thus far since the dump Bulls have not been able to organize enough push the price back into an uptrend scenario. On LTF I am seeing Bears in control. The previous visit to this level had a quicker reclaim and more Bullish price action at this level. The single tap of 29,500 was also swiftly rejected lower.

terribletrader42

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