Bitcoin broke the diagonal support that was holding price for the last weeks. ALthough not a fan of trendlines and diagonals this shows a shift in the momentum of the market. In addition high volume on the 2 black days add an extra factor of confluence to the bearish bias. A retest and rejection of the lost support will lead to a continuation of the move down. 36xx is a range which will put a lot of long positions out of the game.
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