Watch Bitcoins down trendline. This trend has been controlling bitcoins price movements since the China ban(s) and the decent from 5000. Support at 4000 failed, since the rebound from 3000, 3500 has been support. If BTC falls beyond this level then a significant price drop can be expected.
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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.