Short

BTC Lower high formed

Updated

While this lower high is on a smaller scale, it's also ratified itself on a larger time frame. RSI and MACD look bad. Short now or wait for the break.

Less is sometimes a lot more. Be wary folks.

-Sherem

Note

We've pierced the downward channel. A break of 8700 should bring 8k. A break of 8k brings significant downside.

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