LevRidge

BTC update market structure

Corto
BITFINEX:BTCUSD   Bitcoin
From a market structure view, looks like bears are about to take this lower.. Pretty much the same setup that brought us to these lows... down trend.., pull backs with a failure by bulls to break it upward..

currently we wicked below the start of the next down trend which tells me it's a weak low and should break soon.. I was hoping for a harmonic move to $29,000 first but I doubt I get that now. gl!
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