VasilyTrader

BITCOIN (BTCUSD): Detailed Technical Outlook

Short
COINBASE:BTCUSD   Bitcoin

Bitcoin is currently consolidating:
the market is trading within an intraday horizontal trading range.

To catch a bearish trend continuation,
watch 19500 - 19600 horizontal support.
If the price breaks that cluster I will expect a bearish continuation to 19000.

I do not know how long the price will stay within the range, but its breakout will certainly be a strong bearish signal.

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