Bitcoin
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SHORT IDEA ON BIT

DISCLAIMER The below is just my view trade responsibly

Bit has been on a downtrend from the previous week, from a technical approach looking at the channel we may see the downtrend continuation, using the fib projection we can see a possible price of $57,000, i will try shorts as the volume activity is in line with the ahead cpi data, which is forecasted to be at 0.2%
Trend Analysis

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