bearish
bitcoin
btc
btcusd
chartpattern
diamondpattern
diamondtop
short
trendanalysis
triangle
volumeanalysis
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BTC formed a Diamond Top which is an overall bearish sign. Added to that the Volume is decreasing with time which is also a bad sign. RSI on 1D timeframe is eerily similar to the 6k$ period where we were moving sideways for a long while. It is also generally stuck on 50 or below which doesn't give much strength to the Bulls. People in the space seems to be holding...
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