ZacharyHogan

BTCUSD New Yearly Lows?

BITFINEX:BTCUSD   Bitcoin
Bitcoin has shifted aggressively away from the recent highs and has successfully traded to the 3750 quarter level.

I would anticipate we see BTCUSD continue to drop towards the 3600-3640 area to consolidate (build structure) and then pull back to the 3800 area prior to making it's next move to the yearly lows near 3200.

This is a continued analysis from past ideas shared on this particular asset.

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