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$BTC Rejection at the trend line 📉
It seems that the movement repeats clearly every time we delve deeper into the chart.
Today's candle on the daily frame shows descending rejection tails,
and the price is moving around the breakout area just like it did in January before the previous drop.
If this level is actually broken downward,
the potential target will be close to $60,000, and this could happen very quickly.
📉 The current scenario leans towards selling pressure with a critical test of the trend.
🔻 Short / Sell in case of confirmed break
$BTC