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Eldal
Apr 11, 2022 2:07 PM

BTC Next Stop 36k Area Short

Bitcoin / DollarBitfinex

Description

Based on the value area highlighted with the rectangle on the left chart, I think we will see a drop down below the value area to collect liquidity around the 36k area and find a possible short term support. We could see a domino effect if panic selling comes in and create a wick down to mid 20s and then quickly back up in my opinion.
Comments
Eldal
possibly some support around 37,300
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