Bitcoin

XBTUSD 4hr Mex Chart: Bear case for the short term

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Watching some Fib levels that have seemed very relevant as we have been pretty much stuck at the mid range between $3450-$3550 for the past few days, with a few deviations. Currently short from $3570, with stops in profit. Would love to see another wick down to $3450 or $3405 for a stronger bounce to get through to at least retest some of these higher levels for quick scalp. Also not ruling out revisiting some of these lower levels at $3356, $3282, $3200 or even $3120. Wouldn't really expect to see those lows until Sunday or Monday, but you never know.

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