Confirmed downtrend with lower lows and lower highs on the daily, extremely high futures funding fees, descending triangle, 4 Hour death cross looming and 21 EMA and no divergences to be found.
Target 1.38 daily supertrend support.
Note
Nice fakeout and break up.. onwards and upwards
Note
And the fakeout broke down, bitcoin looking bearish for a retest lower so should see this playout 1.38 an area of interest
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