We lost 4000$ as a support again and price rally straight through to the next support at 3500-3600 where according to TA expecting some usual bounce if there is enough buyer to protect the Bull. If bounce happen we may see a typical re-test of 6k zone again.
If this level fail which I see difficult will make us to see another dead low at 1845$.
Trade active
Possible expected short term move.Trade active
BTC look like there is no buyer in this market, all divergence pattern has been washing away. Bear power is getting much more stronger as market continue.
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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.