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BTC was rejected by R1 and Ascending Channel's resistance.
Bearish divergence point on the price needs a correction.
You can consider initiate a Long position on a confirmed retracement from 9950$ level. Or from Ichi Cloud Support Zone.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.