nagihatoum

BTC struggles

Long
COINBASE:BTCUSD   Bitcoin
Had this idea since may 21st, but didn't want to publish because the emos on TV. Strong negative funding and range support will push BTC up to range resistance where it will test the 50 and 200 daily MAs. The MAs will form a death cross pushing price down. Price action will remain within the reversal arc. Potential head and shoulder forming with a measured move of 3K, although I doubt it will drop that far, so don't worry. No emo please.

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