Bitcoin
Short

WATCHING FOR BTC BEARISH MOMENTUM TRADES

118
Morning folks,

As we said on Mon - we expect the bounce up to 91K area and here we are. Now, as daily downside momentum is rather strong, it is reasonably to suggest deep downside pullback, somewhere back to 84-85K area at least.

It could start either from 91K where we're now or 95K resistance. Chances are not bad. Since we're in the Holiday and coming to weekend, it is not needed to hurry up. Just sit on the hands and watch for signs. We need some bearish patterns around mentioned areas on intraday charts. Once we get it, we discuss bearish position taking.

Peace.

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