TraderNeoh

Bitcoin (BTCUSD) Bearish? Can We Expect Further Downside?

KRAKEN:BTCUSD   Bitcoin
HI Traders, in the recent Bitcoin Analysis, I've been talking about potential selling opportunity on BTC since 31,000. In fact, yesterday when BTC was at 29,000, I made a call mentioning that we could expect further push downwards.

As BTC is finally breaking below 28,000, currently at 26,000, more downside is expected due to the flush of Bearish pressure.

Shall we see another impulse towards 20,000? Possible but probably will take some time, wouldn't be surprise to see some choppy market if the momentum halts.


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