BTC has broken key support levels, and is within a clearly visible bearish trend, under the SMA 210, 70, & 14, with an under 50 RSI and a MACD bearish cross. The next relevant support is around 30K. There are still odds that this is a false break out, so active traders and their bots should be prepared for possible long and short positions. There is a strong correlation with equity markets, being the main international stock indices at the border of a correction/recession. Never, since 2008, the RSI levels in weekly and monthly charts has been so low in the main indices. Ahead us, historical weeks of volatility.
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