After few days of consolidation in the area of 35-39k Bitcoin broke down the symmetrical triangle and things look more bearish now. If the buyers cannot hold the 34k level, the next support is at 32k. I am not entering any trades now, waiting for breakdown confirmation: price needs to retest the triangle from outside and go below its previous local low at 33890 of course supported by volume. This would be a possible entry point in my short position.
BTC TA 20/01/2021
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