BITCOIN is setting itself up for another southward movement!!
BTCUSD is down by more than 81% over the past 12 months!!. Bitcoin has been rejected by the 3800 level and If it drops below the 200 MVA, we are looking for another significant drop to the @3200 level, thats another 10% wow!
From my experience stay on the sidelines or short sell!!
Follow your Trading plan, remained disciplined and keep learning !!
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only! Update idea