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Bitcoin

Bitcoin/Dollar levels: The downside prevails

Bitcoin/Dollar

Bitcoin/Dollar

The downside prevails.

Bitcoin


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Pivot (invalidation): 8175

Our preference 
Short positions below 8175 with targets at 7690 & 7560 in extension.

Alternative scenario 
Above 8175 look for further upside with 8330 & 8500 as targets.

Comment 
The RSI has broken down its 30 level.

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