BTC is seriously testing the $22k support level.! It briefly broke below but the buying pressure managed to recover the price above it. Looking at the daily and the weekly chart, the downtrend is clearly evident and we believe the breakout lower is a matter of time. Due to the fierce battle between buyers and sellers, we will readjust our entry target - a breakout below $21,8k to enter a short trade. This will act as an extra confirmation to confirm that the breakout is strong and tradable.

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