Just yesterday Bitcoin produced a major low characterized by maximum bearish momentum.
The move started on the 29 of July from a high price of $70,079 and bottomed at exactly $49,000.
➖ A normal reaction is now apparent. ➖ There is no momentum; ➖ The feeling is null; ➖ Volume is low.
Based on current market conditions and signals, lower prices are likely to follow next in the short-term. By short-term in this instance we refer to days only.
👉 The next target can be seen on the chart. 44444.
Namaste.
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This move here:
This is a short-term signal. It denotes bearish pressure.
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The short is on.
I have some numbers that look something like this: