Bitcoin
Corto

6030 drop is a first step to 5100$ target

148
Morning guys,

We keep our long-term bearish view on BTC with 5100 extended target. Meantime, we wide daily AB=CD 6034$ target and it seems that it will be first destination point.

Yesterday we've discussed scenarios of short entry and thought that pullback to 5/8 resistance might be good way to sell the rally, but now, on houry chart we have
pennant/triangle consolidation with signs of bearish dynamic pressure, which suggests drop right from current levels.

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