📉 Bitcoin Price Analysis - April 20th, 2023

A very quick and simple update [i](done on limited analysis)[/i].

Bitcoin has been Trending Down in price, since my Short/Entry @ Top, 🔽
⚠️ [b]however, it does look like BTC could see some recovery soon, today. 🔼[/b]

I wouldn't consider Bitcoin out of the woods yet, until further price data is available,
but it does look like a recovery bounce is due today.

(Opinion could be useful consideration for those who take Short-Term/Scalp trades.)


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[big]April 21st Update:[/big]

Good thing I Cancelled that quick Scalp Buy attempt early, yesterday (19 hrs ago). 🙂 Avoiding any losses. 🛡

[u]For those confused:[/u]
Yes, I continue to keep my initial Shorts/Sells from BTC $30974, open, since I wasn't convinced that this current down-trend is over.

I can scalp-trade on other BTC/USD pairs, to attempt making quick intra-day profits (while trying to share some optimism).

Still looking for some slowdown of this Drop, to Buy for at least a short-term bounce today.


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[big]Bitcoin Price Analysis Chart (April 20th, 2023)[/big]

[b]A more detailed Price Bitcoin Analysis Chart:[/b]