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Yesterday's Bitcoin Dump to $62.8K
Most people are saying that yesterday's Bitcoin drop was a dump, but it's not a dump; it's a liquidity grab.
The liquidity was grabbed, and then you can see the sudden bounce again at the $64K strong demand area.
I would say, only make any decision once we get multiple daily closes above this strong demand area.
Bitcoin has reached a stage where we can see most of the traps, so trade carefully, bois.
All eyes should be on $64K. If there's a breakdown from this same demand area, expect more dumping.
Most people are saying that yesterday's Bitcoin drop was a dump, but it's not a dump; it's a liquidity grab.
The liquidity was grabbed, and then you can see the sudden bounce again at the $64K strong demand area.
I would say, only make any decision once we get multiple daily closes above this strong demand area.
Bitcoin has reached a stage where we can see most of the traps, so trade carefully, bois.
All eyes should be on $64K. If there's a breakdown from this same demand area, expect more dumping.
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