Bitcoin
Short
Updated

short trade opportunity on BTC

207
After the CPI data publications BTC returning to its previous price range trading in low volumes and small price changes. This price instability can be premonition of a possible continuation of the downtrend momentum. Based on Fibonacci Extension, traders may look for further downside potential, thus aiming to lower price levels before CPI announcement. For these reasons, we suggest the following:

ENTRY PRICE: $19952
1^TARGET PRICE: $19193
2^TARGET PRICE: $18767



Trade closed: target reached
2 targets reached

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