BTC/USD – Weekly Market Update, 5/9/22

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

SpecialeAnalysis

BTC has broken key support and settled with a 1%+ confirmation.

This is a high volatility area of the market, but if price continues to settle on a weekly basis below the structure which it broke this past week, I’ve indicated my setup of where to enter short, place a stop loss and a profit taking target.

Wishing you a blessed and profitable week!

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