G0ddess12
@g0ddess12
Bitcoin's recent price action has been characterized by a series of lower highs and lower lows, indicating a strong bearish trend. The RSI is oversold, but the MACD is still trending downward, suggesting that the selling pressure may not be ready to reverse just yet. Those who are long should consider taking profits or reducing their positions, while those who are short may want to consider adding to their positions.
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