As the day went on, BTC had a nice green wick to counter, albeit for a short period of time, the bearish momentum. As the new high is lower than the previous, it seems to stay within the confines of a bearish pennant. I expect the downtrend to continue into the lower 7ks with more conviction.
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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.