The main rule of reality is not to be entangled in your illusions.
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broken and tested -possible to re-test again -next target $30,000 (bull) or $20,000(bear local)
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we tested the local bottom - $20000, also $19666 is the ath of the 2017 bull cycle. here's what I expect next, perhaps we will repeat the spring of 2022, but in reverse order
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Once the bulls take $30,000, the intermediate target will be $35,000 and the main target will be $40,000-$48,000. The bear is waiting for us for $25,000(local)-20,000-15,000(local)-12,000$
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Hello local support works, but for how long? If we can maintain this local zone, then we will try to test the slab again around $30,000. But what really helps us break through it is a false breakout of $25,000(local). I'm not sure we'll see $20,000 unless something happens that we can't predict. I think the $25,000 - $20,000 range is the key for a bull run.
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I don't really hope that we'll dive very far down. But there is a lot of liquidity accumulated below $25,000. Will we collect it or not?
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as I said earlier, main target will be: $40,000 - Done! $48,000 - Almost here!
After this, the next stage will be somewhat nervous, but quite short. More details later.