Bitcoin Short
The confirmation line for the target projection is triggered and Bitcoin is picking up downward momentum. Target 60,000
Note
Bitcoin correction up to 70,000 possible. Short bias intact as long as there is no strength above 70000.Trade closed: target reached
Short target almost reached. Secure profits, partial exits, trail, long entry begin to build. Down cycle overstretched.
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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.