We expect one of two scenarios to happen in the immediate future:
1. BTCUSDT will retest its previous high of $5422 and be rejected, hover near this resistance for a while before pushing through.
2. BTCUSDT will lose steam around the middle of it's channel (about $5350) and make a lower low to 4700 - 4800 complete an correction before it's 5th wave upwards.
We recommend setting buys around the 4700 - 4800 in case scenario 2 ends up occurring.
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