BTC - Update on Short - First Indication of 34-35k
Bitcoin has broken down this trendline shown and retested - suspected area is 58,850 to 59,100
This shows me an early indication that we will see this zig zag pattern take place.
59,000 to 34,500 - 35,000
35,000 likely to rise from there and retest larger bearish breakdown at 43,000
Rejection at 43,000 means short to 10,000
I carry NO BIAS as a trader. I could care less about Bitcoin and what it is. That’s why I trade this asset.
Happy trading
This shows me an early indication that we will see this zig zag pattern take place.
59,000 to 34,500 - 35,000
35,000 likely to rise from there and retest larger bearish breakdown at 43,000
Rejection at 43,000 means short to 10,000
I carry NO BIAS as a trader. I could care less about Bitcoin and what it is. That’s why I trade this asset.
Happy trading
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