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I think we'll see BTC test 69500 again soon. The RSI is still bearish, and with the SMAs stacked like that, it looks like more downside pressure tbh. Could be a good short opportunity if it breaks below that level with some conviction. Just my 2 cents.
Update: still holding my short position from earlier. BTC is hovering around 70300 now. I've moved my SL to 70600 to reduce risk. Let's see if it continues downwards and hits my TP around 69500. Patience is key, right?