There have been 2 days of great volatility for Bitcoin with the price ranging around 20% Now the price stopped falling in 45k support and is rebounding and trading around 50k zone In my opinion, bulls are not out of the woods yet and a new leg down is probable in the next few days That being said I'm a short seller around 55k with a target of 42k On the other hand, a break above 55k would signal that the correction is over and bitcoin could accelerate its gains above 60k
Very probable macro frame scenario. Great job, thank you!
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watchtrend
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@SkyRockSignals, Nice
watchtrend
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@SkyRockSignals,
j_bones
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Hoping it hits 55k. Looking like 53k will serve as resistance. Imo correcting down to 42k - 38k range before we start journey to new ATH on the fib 618 channel.
Mihai_Iacob
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@j_bones, my yesterday s sell limit was 53...
Thanks for comm
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