BTC is still bearish
In the previous analysis we identified a bearish triangle for BTC.
This triangle is still standing and only the D and E wave ranges have moved slightly.
It can move down from the red range.
We are still bearish on Bitcoin.
Closing a daily candle above the invalidation level will violate this analysis.
invalidation level : 69400$
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
This triangle is still standing and only the D and E wave ranges have moved slightly.
It can move down from the red range.
We are still bearish on Bitcoin.
Closing a daily candle above the invalidation level will violate this analysis.
invalidation level : 69400$
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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