DU09

BTC/USD - Bears Took Control of the Price

Short
INDEX:BTCUSD   Bitcoin
#Bitcoin dropped, no surprise here.

However, #BTC reach a local support at 29k. If this falls, then 25k is likely imo.

Momentum indicators are also turning bearish. Check MACD on 3-Day TF.

If you have liquidity, keep it. We could get a discount later. #BTCUSD

📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰

🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha

Likes and follows appreciated! 🚀
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.