1. DXY was supported from 100.8, being significant negatively correlated with BTC, DXY pump can lead to a correction for BTC. 2. Emini looks bearish as well, also, Emini seems has finished the ABC correction. 3. BTC now is clear to identify a 12345 impulsive pattern, after the ending diagonal wave 4, and the wave 5 rejected around 25200 which has massive short liquidations. Price reacted sharply. We are having a A wave down. This A wave should be a mini 12345 down. 4. Market cipher in daily looks bearish as well.
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