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The overall larger trend for Bitcoin remains bearish. Looking back, the short at 78,800 was indeed placed too early, and maybe it won’t give another chance to board the trade at a second higher high to short again.
Earlier, it was clearly stated that a big drop would be seen at the end of the month and in early May; next, fully execute: short on rebounds, short in batches above 77,500, short-term at 74,000, mid-term at 70,500, and for the long-term setup 65,500 as well as 59000#BTC