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Bitcoin is still bearish!

You can laugh on me that I was sure that the Bitcoin price is not going to break $17080, but it did.

It's time to refresh our global Bitcoin analysis because I have some evidences that the new impulsive wave to the downside is about to happen.

The target from the previous article has been reached and I think that Bitcoin will not grow above the current price.

It's time for Ethereum analysis. If you remember my last analysis it has the target $500 and there are no reasons to buy it higher.

After reaching the maximal target for the local corrective wave 4 the Bitcoin price started to decline.

Today we are going to consider the altcoin which has already broken all possible support levels - it's Polkadot.

As you know I am in short position and I am sure that the new impulsive wave to the downside has been already started, but local picture told us that

After that we saw exactly this price movement and yesterday I temporarily closed my short at $16640, I plan to re-enter higher.

I also consider now that ADA has found it's local bottom and we can use this opportunity to trade.