Bitcoin - Intraday - We look to Sell at 10656 (stop at 10704)
Broken out of the wedge to the downside. Short term MACD has turned negative. A lower correction is expected. Short term bias is mildly bearish. The medium term bias is mixed. Trend line resistance is located at 10650. Price action is forming a bearish flag which has a bias to break to the downside. Early optimism is likely to lead to gains although extended attempts higher are expected to fail.
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