Bitcoin / TetherUSShort
Short term is bearish indeed
After five green days bitcoin took all profits back in one day. After breaking the downtrend bulls also were trapped and price dived down below the broken trendline despite the massive buy pressure. That means bears are very strong.
Now price is right on a upward trendline and if price breaks it we will go down slowly toward 42_40K.
Now price is right on a upward trendline and if price breaks it we will go down slowly toward 42_40K.
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Related publications
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.