Bitcoin penetrated the blue declining trend-line and got stuck in the red ichimoku cloud and quickly fell back through $8375.5 (blue dotted line in the middle).

To attract some more buyers we really have to take out the $8814.7 and keep above the $7925.

Currently I would advice to hold all buying since we are clearly in bearish territory. Yes we painted a green rejection candle but I have seen more times that such a candle would fail, then it would get you in a successful trade.

BTC needs to perform way better to attract more buyers
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