danborovik

BTC retest of the lower range (low 7ks)

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
I expect Bitcoin to move lower over the next couple weeks and retest the low 7k levels. Many reasons why I believe BTC is showing weakness. You can see all my previous ideas on BTC. 9.5k level (.382 fib) was a major support during the descending triangle, which is now a major resistance. A retest of the low 7k range is the path of least resistance.

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