Bitcoin/Tether

BTC is Still Bearish

Bitcoin's larger structure is bearish, and we also recently had an mCH on the chart. Bitcoin is now trading below a downtrend line.

It is expected to sweep sell orders after reaching the supply range and then drop downwards.

Closing a 4-hour candle above the invalidation level will violate the analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You

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