The past week was smashing for many Bitcoin idealists.
Many people out there were hoping for an upcoming Bull run.
Let´s look at the reality.
On the weekly chart a long full length body candle, is clearly visible; ( sign).
A massive imbalance in price occurred, the sellers were far stronger and pressed the price down.
The weekly candle closed underneath the 30 , what could mean, that we are still in the bear market.
A strong confirmed the long candle.
All in all the market tells us, that there is a big possibility of a trend continuation this week; downward.
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