Likely ABC correction for BTC - Buy setup
Double top is in, and H&S is nearing completion. Possible start of a longer term downtrend, but hopefully will end with the ABC correction and move back into the original channel. Buy signal after a double bottom or strong bounce at the end of the C leg of the correction at 12.8k. If support fails, then we could be looking at a deeper correction to the 9.6k to 10k range.
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