Mihai_Iacob

Bitcoin- Down again?

Short
COINBASE:BTCUSD   Bitcoin
After breaking under the much-discussed support from 50-52k zone, Bitcoin fell aggressively and made a low above 41k.
A rebound was normal after such a drop and now the price is hovering under 50k, digesting losses.
In my opinion, we will have a new drop from BTC in the coming days and this rebound can be considered a good opportunity to open short trades.
50-52k zone is now resistance and only a clear break above would lift some of the pressure from the sell-side

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