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(BTCUSDT 1D Chart)
This volatility period is expected to last until October 4th.
Accordingly, the key question is whether it can find support near 119,177.56 and rise.
If not, and the price declines, support near 115,854.56 will be crucial.
If it finds support near 119,177.56 and rises, it is expected to challenge the Fibonacci ratio of 2.618 (133,889.92).
The key areas for maintaining an uptrend are:
- Short-term: 115,854.56-119,177.56,
- Medium-term: 104,463.99-108,353.0,
- Long-term: 87,814.27-93,570.28.
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Thank you for reading.
We wish you successful trading.
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- Here's an explanation of the big picture.
(3-year bull market, 1-year bear market pattern)

I'll explain more in detail when the bear market begins.
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