L0nius

Bitcoin Price Jan 21, 2020

Short
BITFINEX:BTCUSD   Bitcoin
Bitcoin has been in a sideways consolidation for more than a day. We believe it could move back towards $9,000 before the sell-off. You must remember that the Chinese New Year begins in a few days and many are selling their Bitcoin.

Reasons:

- Chinese New Year Jan, 25 2020
- Resistance Level 9000
- Support Level 8200

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