We experienced rejection on BTCUSD chart on the weekly time frame, and a series of rejections on the daily time frame.
This may be an opportunity to open a short position on the futures market, with the hope that we will earn some USDT that can be used to buy more Bitcoin for long-term profit.
Don't sell your stop BTC for any reason, you should be looking for an opportunity to acquire more.
This time, I don't have on-chain data to support my analysis.
- No fundamental
- Purely technical
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