Short term bearish on BTC with very high selling pressure and ongoing economic concerns around the globe.
Do expect BTC to retrace back to $51k to
52K level before another leg down. I foresee BTC to touch on the 
41K range and lets check again how the market develops.
Please show your support by giving a like and or provide constructive view if you have a different perspective.
Do expect BTC to retrace back to $51k to
52K level before another leg down. I foresee BTC to touch on the 41K range and lets check again how the market develops.Please show your support by giving a like and or provide constructive view if you have a different perspective.
Trade active
The price action is running exactly according to the line.I see volume is waning at the moment and expect a slow and narrow retrace towards
49K and we might see a very huge leg down afterwards.Trade closed: target reached
BTC seems to have found a good support level and current trading sideways at 
46K region. Suggest to close the trade and take profit.
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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.