At the moment, the price of Bitcoin trades inside a possible buying zone. Criteria are quite good and at least a short-term bounce should come from the current area. Considering long-term buyers then, we still might see lower prices so, be careful with that because 50% correction from the top can still happen ;)
Criteria: 1. Equal waves of AB=CD 2. Channel projection 3. Resistance becomes support 4. Daily EMA200 (haven't touched it over a year) 5. Round number 40k 6. Fibonacci rejection 7. Inefficiency around the current price
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