🚨 BITCOIN UPDATE 🚨

🗣 At the start of trading on Monday, the market reacted to Trump’s latest comments on negotiations with Iran 💥. The current rally, like the previous one, is occurring against a backdrop of a negative Coinbase Premium (institutional investors are selling).

As the previous week drew to a close, the March low of $65,011 was breached, thereby confirming the breakdown of the underlying upward trend.

During this week, at the start of the new month (Wednesday), I expect to see the rebound continue towards $68,100–$69,500 📈, at which point I will begin building short positions with targets for further declines to $62,800 and $60,100.

#BITCOIN #Erinacrypto $BITCOIN

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