-Bitcoin defending the Fib 0.5 level or 40k dollar zone -The price bounce up by almost 12% today which is a good sign -We can see many altcoins are also finding their new support area -This could be a good positive view in the coming days -Bitcoin is about to retest its previous support of around 44k-47k dollars -If we can see the price holding on that region, potential to retest 49k level -Otherwise, a pullback is likely to happen next week and the overall market will be affected -I am looking for a new trade but not too optimistic because of the current condition -This is not the right time to go full force in trading but to strictly follow your risk management
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