Bitcoin Monday analysis
Updated
Bitcoin appears vulnerable to further losses after bearish wedge break to start the week
Rising popularity in other cryptocurrencies may have begun to eat away at Bitcoin’s popularity
Initial support might reside at $50,000 followed by the coin’s recent swing lows
Looking to go short after we close below neckline
Rising popularity in other cryptocurrencies may have begun to eat away at Bitcoin’s popularity
Initial support might reside at $50,000 followed by the coin’s recent swing lows
Looking to go short after we close below neckline
Trade closed: target reached
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