FangTrades

Going short if Bitcoin breaks the key 9080 level

Short
KRAKEN:BTCUSD   Bitcoin
- I think Bitcoin can go one leg more leg down, but I'm not counting on it.
- If 9080 does break, this would be another major confirmation of bearish market structure.
- Price tends to have strong movements during such an event.
- The 9080 level was retested on the lower time frames as well, confirming its relevance.

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