NOT A FINANCIAL ADVICE. PLEASE DO YOUR OWN RESEARCH.
Looking at the daily BTC/USDT Chart, bitcoin is currently following a descending channel pattern. I am still bearish with bitcoin and I am waiting for the price action at $ 20,470 and $21,016. These figures are the 50% and 61.8% fibonacci retracements respectively from previous swing low. If price fails to break these levels, I will definitely continue shorting.
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