More Drop on Bitcoin

ANALYSIS ON BTCUSD

Welcome to my analysis

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DAILY CHart
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Interesting Point of interest In the BTCUSD pair.

- Price below 200 day EMA.
- if pulls back to top, sell at top of around 8700-9k.
- Expecting more downward momentum. Price could move to around 7k and even lower
- Watch $6850 for take profit.
- MACD showing bearish divergence

Stay Tuned