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Bahman999
Feb 2, 2023 5:53 PM

Possibility of price correction Short

Bitcoin all time history indexINDEX

Description

Considering the decrease in the strength of the trend and the divergence that you see, it seems that we will have a maximum price correction up to the bottom of the yellow box. ($22,300 zone) If the $22,300-22,000 zone breaks, we will see the price fall to the support of 21,600 to 21,300. However, as long as the price is above the $19,700 range (ma200 in the daily time frame), all these losses will be price corrections and the direction of the trend is still positive.
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