BTC analysis for July 13,.2021 - Downside continuation and potential for drop towards $30.000

Technical Analysis:

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BTC has been trading downside as I expected. The main cause for the downside movement was the breakout of the bear flag pattern in the background.


Trading recommendation:
Watch for selling opportunities on the rallies using the intraday time-frame. Downside targets are set at the price of $30.000 and $29.000.



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Petar Jacimovic
Analytical expert
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