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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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Saturday morning thoughts, bearish after all.
Overnight Bitcoin continued the bearish trend from yesterday and has dropped further, reaching a low of 1127 so far, currently oscillating around 1134. From the market view, the overall weakness is evident, with yesterday's support at 1140 evolving into a short-term resistance. There is nothing else today; the approach is to follow the trend. Focus on short positions around 1135-1140, looking for levels of 1120-1110. #PI# #BTC# #ETH#