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MrWorld
May 18, 2022 5:39 AM

Bitcoin reversal scenario 

Bitcoin / U.S. dollarBitstamp

Description

A lot of people, if not most people, are hoping that the bottom is in. Truth is, for a range shift - meaning BTC going from bear to bull structure again, I'd prefer to see one more push down below the current low with a significant bullish divergence.

So with this setting in my mind, I'm watching for a specific scenario. Nobody knows what happens next, so let's see and trade the chart.
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