$BTC SHORT UPDATE!
After the pennant break down we saw a bounce up off support to give us a retest that confirmed the break down.
We have once again dropped down to support and now sitting at a critical level. With a strong 4 hourly candle close around support level this could tank the market if broken again.
Keeping a close eye on this over the next few hours to determine where this will go.
We are looking weak and could see a continuation to the downside. If so, take profits gradually on the way down to $52k.
Updates to follow.
#BullorBearn r #BitcoinHalvingDrama #TradingStrategies💼💰 #ShortEntry