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AsproTrader
Jun 5, 2021 6:12 PM

BTCUSD - Mid Day Outlook Short

Bitcoin / USDCapital.com

Description

Looks like we are dealing with some type of Flat Correction. Leg C has printed at the 1.115% Fobonacci Extension and now is pulling back. However caution should be given as Bitcoin is in a very deceptive corrective pattern. We could end up with a much deeper Expanded Flat. Overall Bias remains Bearish.

Good Luck and Safe Trading!
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