good evening folks~
btc confirmed a close below the monthly 21ema
i’ve talked about this before, but if in case you missed it – this is a very bearish indication.
i’m looking for mean retracement of the local impulse that we just saw;
>target closer to 44k.
>if it pushes above 44k, then it could theoretically move a lot higher.
>reject it, and 25~23k is inbound.
remember, cash is also a position.
✌
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