BITCOIN FAILURE

From the earlier post bitcoin was predicted to reach the resistance of it's new trend before shorting all the way down back to 18k but this wasn't much of a success cause it first failed to break the 0.5 Fibonacci level even after testing it twice and has come crashing down and will increase in it's bearish momentum over the weekend.

Taking a short trade now can come with a little risk and and is best adviced to wait for a bullish entry at 18k

If you took a shorting trade at 20,500... Enjoy the ride.
Trend Analysis

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