BTCUSD was holding onto 2700s for a while but breaking below the hammer on the 4 hour chart is signaling further consolidation. MA200 here may provide some support, but outside of a bounce to 2650, looks like lower levels will be tested. Given MA50 on the daily chart is in 2200s, this is where I would look for stronger support.
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So far, BTCUSD is resolving as anticipated.
