biberfeind

Major rejection line for Bitcoin price action

Short
BITFINEX:BTCUSD   Bitcoin
BTC price got seriously rejected, several times now, since June of this year, from the red colored arc line.
There is no need to be bullish or to speculate LONG on a bigger timeframe, as long as BTC didnt manage to close at least one single daily candle, above that.
Period.
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