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The Bulls weren’t strong enough to maintain the bullish momentum on the BTC chart

As the price has started to fall last night and broke through key structures. Both the Trend-line and the possible Support Level around the 61500$ are have been lost allowing the Bears to take control over the price of BTC for the time being.

This short-term Structural change has now opened up the possibility for BTC to drop down lower towards the next Support level at 59660$, as the previous Low has been taken out.

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#cryptocurrency #crypto #trading #trade #bitcoin

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