Bitcoin
Short

Bitcoin (BTC) - 200 MA could be a trap and more sell-off

In my previous video analysis, I mentioned that there might be another sell-off.


Shortly, price broke down and is now sitting at the 200-day moving average.

If price can't hold at 200MA, there would be more sell-off. Simply because there will be a lot of traders who longed at the bullish hammer candle reversal pattern which coincide with the MA support. And they will be trapped.

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