I've shared several longer term charts for BTC and COIN, which are the main reasons why I'm short COIN right now and have been. I'm actually long BTC, but I don't consider that part of my trading. BTC had a strong trend break after the bell today and had a double top rejection near 65k this past weekend.
I'd expect more downside unless it can quickly reclaim this trendline by tomorrow. I like the the 58k-59k area for a potential bounce, but I think any bounces are likely to be short lived. We could see another 50k test soon if it does fall below 58k again.
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