Given the recent days of decline, it’s become much harder for Bitcoin to move up. It needs significant volume to break through the resistances ahead, and from a technical perspective, I don’t see that volume. I prefer a bearish scenario for now, as it could offer better short opportunities.
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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.