OptimoomFX

Bitcoin- A drop under 40k looks very probable

Short
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
After the last local high at 53k from the beginning of the month, Bitcoin has started to roll back down and is making lower highs on our daily chart .
The last high is marked by a strong bearish engulfing on Friday and can signal a drop under 40k
In My opinion, rallies should be sold for a new visit of 30k
A daily close above 47k would negate this scenario
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