BEARISH Scenario For Bitcoin - $5,426 Level Could Be Tested

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
If bitcoin cannot break resistance at $6,800 and trigger a short squeeze, the price could test lower lows of around $5,426 USD in the coming weeks.

This is a worst case scenario in my opinion.

It could take some major news, such as the CBOE Bitcoin ETF being approved by the SEC to set off any earlier bull run.
I am not so sure, you know
I think lows will come due to corrective price action and time passing. Nothing bullish so far this year.

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