Bitcoin / TetherUSShort
An easy short
Bitcoin is showing every sign of a down trend, it has finished it's consolidation and is ready for more downward movement. Don't overthink these trends. It's a downtrend and we are at a high/consolidation point, Short. My price projection, and personal TP limit is 51k. The other side of the coin is we may be looking at a wave 1 of an upward impulse movement. However the odds of bitcoin going up before a downward retracement is low in my opinion.
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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.