BTCUSD 2020-May-25

BTCUSD broke down from it's rising channel; just before the daily close. If we zoom in the time frame; we can see that the falling price is acting rationally. Aggressive traders could look for a long at the lower quarter line - though the more cautious play is to wait for a test of the bottom/8500 (which ever comes first).

EW enthusiasts should be very interested in this move, one would suspect.

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