BTCUSD
broke down from its rising wedge alongside bearish divergence. It is now sitting on the 50MA. The Demand Index shows week demand, RSI strength is below 50. For these reasons, I don't expect the 50MA to hold much longer, bringing btc to my two targets of $56,425.00, and $53,833.22.
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bitcoin hit my targets, and the crash gave shorts tow bonus targets for triple profits.
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*two
