TraderNeoh

BTCUSD (Bitcoin) - Still A Long-Term Downtrend - Choppy Market

KRAKEN:BTCUSD   Bitcoin
For the past 1 & half month, Bitcoin has been relatively choppy, recently its showing some Bullish momentum, but if you take a step back and look at the broader picture, Price Action is basically just choppy with lots of uncertainties.

For now, I will still be favouring the downside in the long-term, but short-term wise I think It's going to have some rally towards 26k - 28k before we really see further sellers stepping in.


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