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DawgTrading
Apr 19, 2021 3:19 PM

Potential bearish breakdown, support at 50k range 

COINBASE:BTCUSD1D
Bitcoin / United States DollarCoinbase

Description

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The trend has held for a long time now. If there is a break of this trend line we could retest the recent lows, and then around the 50k psychological support. A potential for profit taking was inevitable.
Support and ResistanceTrend LinesSupply and DemandBTCCCTL
Comments
DawgTrading
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Seems like a nice base has now formed. Im looking to add to my BTC position again.
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