Bitcoin Update Monday Trade Points Still messing with heads as it makes a 4th and likely final wave up before it falls away again. Once it breaks below the lower parallel of the continuation pattern it's now tracking within it should begin to fall away faster and can be shorted again from there with stops above the line when broken. Unlikely to trade much higher than 7080-7100 range on Coinbase before it falls away again. The overall pattern, despite the rally attempt, is still bearish so far. Beyond this little rally underway now it will have to move above 7100 and hold to flip back to positive again in near term - that would be a surprise - but we still need to be ready for it in case - in which case it will start flipping stops again and can rally fast to 7316 at highest before it comes off again.
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