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BTC Continues Downtrend C wave

Short
COINBASE:BTCUSD   Bitcoin / U.S. Dollar
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1
bc is on downtrend

Comments

It might bet lower over time but it just hit critical support at 50k and 50 moving average on the daily. Bullish divergence forming on 1h and 4h. I think this is a very risky place to open short positios, it could bounce from here and liquidate a lot of leveraged shorts before another leg down.
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