Here we can BTC current market movement is going through a bearish trend after reaching its top price for the current cycle. A resistance is forming at $4,200 .
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Correction: Here we can see BTC .... .
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The resistance of $4,200 is broken, we are into 2 scenarios:
- Double Top: Price up to the previous ATH (Bearish afterwards).
or:
- New ATH record (Bullish Market).
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- Third scenario (I vote for this): Bull trap.
According to the three scenarios, Short investment is recommended.