BlueberryMarkets

CAN BITCOIN CLOSE ABOVE THE OCTOBER LOWS

Long
COINBASE:BTCUSD   Bitcoin
Bitcoin has been dropping recently and the price has broken through the October low.
If the price closes below this low we would expect to see a further decline in the price
however, the price action could suggest the price is struggling to close below the lows.

The fakeout pattern forming could see buyers re-enter the market. If the market closes
above the October low look for long opportunities to the key resistance levels.
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