Bitcoin Analysis (BTC/USD)

in #bitcoin • 5 years ago

MONDAY
9-JAN

Price continues its drop towards the support around $7,500.
It seems unlikely to reverse before that and the upside LQ is too far away - above LW high.

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There is also a void further down and this is another reason for a drop towards $7,500.

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On LTF, shorts could be considered after the equal highs from this morning are broken and some buyers get trapped.

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#btcusd #crypto #cryptocurrency #trading
5 years ago in #bitcoin by
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