Contributors Technical Analysis Bitcoin/Dollar The Downside Prevails

Bitcoin/Dollar The Downside Prevails

Pivot (invalidation): 7590

Our preference Short positions below 7590 with targets at 7225 & 7000 in extension.

Alternative scenario Above 7590 look for further upside with 7790 & 7990 as targets.

Comment The RSI has broken down its 30 level.

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