Short
Relief rally rising wedge - short term
It looks like we broke down and now confirming former support as new resistence. We will see what happens when traditional markets open, CME closed at 48400 USD.
But i expect further decline as weekly volume is fading and there is clear inflows to exchanges . Target is 30k level, check my previous analysis for long term view.
But i expect further decline as weekly volume is fading and there is clear inflows to exchanges . Target is 30k level, check my previous analysis for long term view.
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