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
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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