BITCOIN SUMMER TREND UPDATE - expecting more downmovement. pour BNC:BLX par Aurelius222

trendanalysis indicator waveanalysis bitcoin trend longterm short potential summer downmovement

BTC/ showed weakness after breaking multiple trend resistance lines. After the bullish move we saw a few weeks ago where bitcoin broke the longterm trend resistance, everyone was hopeful again. Nevertheless, we are now testing it as support at a much lower pricelevel.

I expect the bear trend to continue during this summer to finally look for Queen trendline.

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