Bitcoin Has A Strong Downside Momentum
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Technical analysis:
BTC/USD has been trading downside I expected and the price has reached 2 objectives at $21.500 and $20.700.
Due to the longer-term downside trend and strong downside momentum I see potential for the further downside movement.
Next downside objectives are set at $17.700 and $16.000
Macd and Stochastic oscillators are showing that sellers are in control ..
Key resistance is set at the price of $22.000
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