AlanSantana

Bitcoin To Continue Lower

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BITMEX:XBTUSD.P   Bitcoin
Bitcoin (XBTUSD) is likely to continue lower here.

The initial move on the 11-June confirmed the drop, now we are seeing a follow up develop after a bounce.

Bear volume is moving higher and the indicators are starting to look weak.

Prices breaking below EMA50 and MA200 is also another strong bearish signal.

Prepare for lower prices.

Namaste.

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