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BTC testing the descending channel

Short
COINBASE:BTCUSD   Bitcoin
Bitcoin currently testing the descending channel. Looks to have been supported by a bounce in the S&P. Horizontal boxes and lines are support and resistance areas. I don’t expect the S&P to remain strong, and similarly believe BTC’s price action will follow given the correlation between their prices. Expecting a test of recent support around 35k this in a week.
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