$BTC 1H. It's been trading sideways between those two nodes since yesterday afternoon. We'll see which one it attacks and breaks through. If it breaks above, the next node at $67912 and that bearish trendline will act as resistance. If it attacks the lower node and the bullish trendline and breaks through, it should fall to $65647 as the first support level. Below that, watch out, because it could accelerate the decline towards the next nodes. For now, the most likely scenario in the short term, in my opinion, is a return to $66448, and then we'll see if it bounces or breaks below that level.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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