Bitcoin loses grip on the middle of our decending channel as technicals flip bearish again
as long as bitcoin remains below 35k we can expect a move down into 28k with extension to 26-25k
Stoploss 35500
as long as bitcoin remains below 35k we can expect a move down into 28k with extension to 26-25k
Stoploss 35500
Trade active
A move back above 35000 would indicate a strong buyNote
going short at 32k and long at 35k is the way to go with this trade
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Disclaimer
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.