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BITCOIN
The weekly and monthly close has not met expectations.
This opens the door to a possible bearish scenario in the short and medium term.
Remember: any pullback in a larger trend is reflected as a bearish trend in smaller timeframes, and that is what I am watching right now.
In the early days of September, it would be logical to see a slight increase to form the wick of the monthly candle... before a possible more aggressive downward movement.
I explain it in detail in today's video.