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fawaz1982
Aug 20, 2021 7:37 AM

BTC Wycoff Long

Bitcoin / United States DollarCoinbase

Description

If bitcoin fails to break its current price level 47500, it could be drrawing a bullish penent, then we could see its price drop back to 44 levels. but i will not be alarmed unless we breakdown from 44k. because the most likely outcome of this setup is eventually a breakout to the 50s. This setup is synonymous with Phase D of Wycoff accumulation theory.
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