Why I’m Cautiously Bearish Bitcoin

Miners selling more BTC! — What does it mean for the price?

Alpha Trades
DataDrivenInvestor
Published in
5 min readMay 15, 2020

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Bitcoin, Photo by Clifford Photography on Unsplash

Happy Friday, here’s your morning cryptomarkets and equities analysis, beginning with Bitcoin.

On the one-hour time frame, we see the BTC smashed through a consolidation zone that accumulated throughout yesterday, and that came in with sizable volume. The key support at 9552 was…

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