BTC/USD (Sign of Weakness?)

💎Technical Analysis Summary💎



BITSTAMP: BTCUSD

-3rd rejection or 3rd lower high at 19.3k dollars
-The price fell back at the previous support area
-We can see the Bitcoin is forming a flat zone of support
-And multiple lower highs painting a bearish triangle pattern
-This is not a good sign in the short term
-Also, the price is now below the 50MA on the 4H time frame
-So Please always manage your risk in every trade
-The market is about to make a big decision
-Only your stop loss can save you today





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