Bitcoin Short Still Expecting but after some upward move
#Bitcoin Technical Analysis:-
- Anticipate a rebound in Bitcoin with a retest of the $21,200 to $21,400 level.
- Traders are currently opening short positions at the wrong levels, instead of $22,500 to $24,000 levels.
- Wait for a good opportunity before opening any positions.
- Expect another downward move before an upward move towards the $21,200 to $21,400 level.
- A failure to hold the parallel channel support could lead to a free fall in Bitcoin prices, possibly towards the $16,000 level.
- Anticipate a rebound in Bitcoin with a retest of the $21,200 to $21,400 level.
- Traders are currently opening short positions at the wrong levels, instead of $22,500 to $24,000 levels.
- Wait for a good opportunity before opening any positions.
- Expect another downward move before an upward move towards the $21,200 to $21,400 level.
- A failure to hold the parallel channel support could lead to a free fall in Bitcoin prices, possibly towards the $16,000 level.
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