As mentioned earlier in the BTCUSD forecast for this week (link below), the cryptocurrency is now inclined to fall and will fall further in the short term. It is very likely that in the medium term too. Just with the fundamental reasons for the fall, you can find in this forecast for Bitcoin (link below).

At the moment, the price is below the level of 2802.23$, that technically indicates sell. Therefore, in this area, we expect the opening of a short (look at the chart). It is assumed that the price will not rise above this level and you can set a target for a short within the area of ​​2508.93$ – 2577.71$.

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