DISCLAIMER The below is just my view trade responsibly
Bit has been on a downtrend from the previous week, from a technical approach looking at the channel we may see the downtrend continuation, using the fib projection we can see a possible price of $57,000, i will try shorts as the volume activity is in line with the ahead cpi data, which is forecasted to be at 0.2%
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.