CoinQuarantine

Too Much Bullish Sentiment for a Trend Line Retest

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BITFINEX:BTCUSD   Bitcoin
Today in $BTC we are retesting the trend line that had been broken a couple of days ago, this little rally hit the trend line exactly on point. This along with the STOCH RSI at extremely overbought levels makes me believe we should be expecting more downside in the near future. Be careful, don't get caught up in the bullish sentiment that is flooding the crypto markets. Do your own research.

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