PaolitoXBT

BTC Cursed Fractal

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COINBASE:BTCUSD   Bitcoin
BTC rally so far looks like a retest of previous support about to turn into resistance..
Way too much enthusiasm on a bounce that is so big only because the magnitude of the dump destroyed most of the liquidity.

Bitcoin is going to moon but it's not going to be so easy and a move of such magnitude isn't going to resolve in barely a week.

Expecting some more downside and consolidation before we can resume the actual bulltrend going into halving
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