BTCUSD Potential for Bearish Continuation | 21st December 2022

Looking at the H4 chart, my overall bias for BTCUSD is bearish due to the current price being below the Ichimoku cloud , indicating a bearish market. Price has tapped into my sell entry at 16890.00, where the 50% Fibonacci line is. Stop loss will be at 18373.00, where the previous swing high is. Take profit will be at 15479.00, where the previous swing low is.

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