The provided description outlines a technical analysis perspective on the BTCUSD (Bitcoin against the US Dollar) chart, suggesting a potential short selling opportunity based on the interaction with multiple long-term downward trendlines and a recent break of a short-term trendline.
The chart shows the BTCUSD touched multiple long-term downwards trendlines, also the short term trendline has broken for potential short opportunity. it may falls further 71-66K to support of previous highs, and to where the previous trend has begin.
The chart shows the BTCUSD touched multiple long-term downwards trendlines, also the short term trendline has broken for potential short opportunity. it may falls further 71-66K to support of previous highs, and to where the previous trend has begin.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.