Eldal

BTC Next Stop 36k Area

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BITFINEX:BTCUSD   Bitcoin
Based on the value area highlighted with the rectangle on the left chart, I think we will see a drop down below the value area to collect liquidity around the 36k area and find a possible short term support. We could see a domino effect if panic selling comes in and create a wick down to mid 20s and then quickly back up in my opinion.

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