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Jan 30, 2024 6:58 AM

BTCUSD - INSTITUTIONAL BUYING ZONE Long

Bitcoin / U.S. dollarBitstamp

Description

1. A breakout is about to happen at the support level.
2. A false breakout is when the institutions enter the market at respective level either support or resistance level.
3. But big institutions resist the breakout by buying huge quantities there forming a false breakout.
4. It was the right time to follow their footsteps.
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