Here’s What’s Ahead for Bitcoin (BTC) After ‘Nasty’ Breakdown, According to Veteran Trader …

It got back to that same area of support , rallied even less, and then the total breakdown.

Adding to Bitcoin’s troubles is the Lucid SAR indicator, a variation of the parabolic SAR which combines price and time to calculate trends and spot entry and exit points.

If the price of Bitcoin closes today below $39,500, I would be incredibly bearish going into the weekend and into next week, and into next month even.

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