I will not recommend getting into a position here. But if i was in a long i would not be selling yet. My prediction is there will be consolidation around this level and then bitcoin will break out of the red channel.
So far so good. People with longs may be considering closing, but it could be a mistake. If it turns out they were wrong and market continues up there could be some fomo of sorts.
Broke out sooner than expected. gg
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