Hey buys, we are back with our BTC overviews. So from our previous overview that we shared in more details with our members we told that price should be reaching $19200 where it landed perfectly. USA inflation was predicted to be 8.8% but in reality it was 9.1%. This was shocking for most of the traders so the logical reaction was that the Bitcoin would see some "Liquidation huntings"
We have recovered from this very fast and now we are floating near 20K. From here we see 2 scenarios. 1) Buyers pressure would be bigger then sellers and they break from 20K zone and head towards 23K 2) The pressure at 20K would be so big that it would result another dump to near $18200
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Yours Sincerely,
Swallow Team 🔱
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