BTC/USD Technical Outlook for Next Week

Hello Traders,

Here's a brief technical outlook for bitcoin with some concerning/correlating pairs that help me establish my bearish bias for next week and possibly a few weeks ahead. I believe there is some downside risk at this point that shouldn't be overlooked before we break higher. A potential drop is more warranted in my opinion at this point.

If anyone has any questions feel free to leave them in the comment section below. Everyone's input is greatly appreciated. Thanks in advance for your support.

Warm Regards,
~Michael Harding.


RISK DISCLAIMER:
Information and opinions contained with this video are for educational purposes only and do not constitute trading recommendations. Trading Forex on margin carries a high level of risk and may not be suitable for all investors.