Is it time to buy the dip? Look at how weak this rebound is. The price has now fallen below all short-term EMAs, and the bulls have no fight left. The market is moving steadily downward, and the strategy clearly calls for favoring short positions in the direction of the trend. Zhilan Live Trading precisely opened a Bitcoin short at 77052 and took profit at 76521, securing 531 points in profit. Watch for a test of support at the previous low; if it breaks, there’s more room to fall.
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