YurloTrades

Bearish market structure (lower highs, lower lows) BTC

Kort
COINBASE:BTCUSD   Bitcoin
Hello all,

This technical analysis is similar to the last one I posted but just more detailed showing you what I'm seeing so you can visualize what I'm thinking.

Let's see what happens today (Monday, December 13th, 2021) and the rest of the week.

The rejection at $52,000 was exactly where we broke down below the uptrend that started July 2021, indicating it's a supply zone, and then we printed a lower high also after that confirming the previous sentiment.

Have a nice week, and stay safe.

Like/comment if you want more TA later this week.

👍
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