Bitcoin going lower for an important retest

Bitcoin unable to break higher

 

Bitcoin was unable to break above the significant 45000 upside resistance. This rejection could lead to a retest of a previously broken falling wedge resistance and important upside support 35000. A break above 45350 is required to invalidate the downside extension. A possible break below 35000 would open further downside acceleration.

Note: look for the short trade entries with the stop loss above 42000

Bitcoin heading lower

 

 

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