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Bitcoin is still oscillating back and forth, yesterday’s surge to 67,400 was met with strong resistance, and overnight a series of large bearish candles pushed it down to 66,450. The head-and-shoulders pattern is now clearly confirmed!
Any rebound today is just an opportunity to short better, with the target directly aiming at the 65,000 level!
Remember: all rebounds are just bluffing, with strong resistance pressing down from above. The candlestick is consistently held down by moving averages, showing no strength in the rebound. The bears have completely lost momentum, the trend is set, and we are firmly bearish, heading south all the way!
Bitcoin’s range is between 67,300 and 67,800, with an ideal entry point at 65,500 to 65,000! #Gate广场四月发帖挑战