BTC is in process of developing bullish deep 🦀 harmonic on 12 hourly chart. It will complete at $30,800 level, Like always we use bullish harmonics to project future price action. It will take some days or weeks to complete this, Invalidation of this harmonic will be if BTC pumps to 47k level OR consolidation within the range for longer time.
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Price dumped to this level and even went further down because we are in a bearish trend.