Bitcoin – will it finally fall below $42k

Hello, two days ago I opened long position, but the price hit the stop loss. Today I re-entered the position because of the true bullish divergence on the 1h timeframe. Moreover the volume increases at the bottom of the range. It means that the huge buyers are sitting right here.

This is the very short term trade with the entry at the $41940 and the stop loss at the $41430. Overall I’m bearish.

Good luck!

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