Bitcoin with disadvantages and selling opportunities

BTC/USD trades lower and I have seen multi-day consolidation and first target at $19,000. I still see further downside moves. Trade Recommendation : With multi-day consolidation breaking out in the background and no signs of a major reversal, I see the downtrend continuing. Watch for selling opportunities during the rally with the next downside targets at $17,700 and $1 ,000. The MACD shows that money flow continues to decline, a sign that sellers are in control. Major Resistance is priced at $20,500 Relevance 09:00 2022-09-08 UTC 2 The Company does not provide investment advice and the analysis performed does not guarantee results. The market analysis published here is intended to raise your awareness, but does not provide guidance for making a trade.

James Rogers

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