Bitcoin broke from the trendline which was holding it at 27,000. The next possible long set up is at 26,100 - 26,000, which is the Fibonacci golden pocket and psychological support number. According to our personal view, it is not ideal to go long Bitcoin right now, if at this point it does a relief bounce, 27,200 - 27,000 is an ideal area to short where the price retests the previous supply area and also the previous bullish trendline.

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BTC0,33%

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