Bitcoin Analysis (BTCUSD)

The Price is currently sustaining at Year 2017 High. If we talk about the current market structure, the overall context remains bearish. The bearish : bullish candles printed on the chart is 4:1 and even the pullbacks are significantly weaker which tells us that the current support level might be taken out and we can slip down by 30% more to test the level of $13000. Therefore, for now the bearish dominance may continue.
Bitcoin (Cryptocurrency)bitcoinanalysisBTCUSDbtcusdshortcryptotradingpriceactiontradingswingtradingTechnical AnalysisTrend Analysis

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