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Welcome to the new BTC update. The previous BTC update plays out perfectly. Do check it out, if you haven't yet (Link given below)
Now, let's analyze what's the next possible scenario from here. As you see in the chart, BTC breaks out the falling wedge in a 12hr time frame and made a high of 29K Lots of shorts getting REKT today. Now, it's time for a cool down for a while. I'm expecting it to retest the wedge (26.6k-27.2k)
I'm not going to long anything here. Patiently waiting for the dip to go long again. After the successful retest, the target is 31K-32k
Hope my content will help you in making better trade decisions. If you like the ideas then do not forget to smash the like button and follow for all the latest updates.
Also, share your views in the comment section.
Thank You!
Nota
No Retest. Hit the weekly resistance without any pullback. Rejecting from the resistance level. I'm not going to long anything here. Patiently waiting for a pullback to the 27K zone or will be long if we get a daily close above 31K
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