BTC Bearish continuation into pre halving reversal...
Updated
channels and levels with a cleaner %R give me reason to believe this is a larger degree trend that has not completed and will run into the pre halving phase where accumulation will begin again.
Comment
I would imagine selling pressure will begin to increase in the very near future and near term targets reside in the 6500-5800 zone. Below the 5880 handle would be an ideal accumulation area, however I will monitor time vs price and make a more informed decision once we break away from the current zone.
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