URGENT! MUST READ!!

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Is #Bitcoin about to PUMP to 80k? Find out in this post.

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Let's look into the chart:

First of all, I want to let you guys know that 80k won't happen instantly and that it will take time, I'm expecting $BTC to reach 80k within the next 50–60 days. With that being said, here's a more recent update:

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4H: As I said in the quoted post, bitcoin did end up recovering from the green zone and it was genuinely a very good long. Now, with that being said, I'd personally close 70% of the trade here and move my SL to entry.

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1D: On the daily, we can see we're getting rejected off of the 20 EMA and the 0.618 fib level, we broke out of the 200 EMA resistance, which is a very good thing to see. More on the resistance part in the weekly.

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1W: On the weekly time frame, you can see we got a strong rejection off of the 20 week EMA, which is a very strong level of resistance. 61k to 61.8k is a very strong level of resistance for #BTC and I'm expecting to see bitcoin struggle here for a bit. Once the resistance is broken, it's clear skies above.

We'll soon see 80k Bitcoin when that happens. So buckle up, it's right around the corner.

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If we reject on the resistance level, the next support levels are there to see in the weekly charts, 0.5, 0.382, and 0.236 fib levels are all support levels. But I don't expect BTC to go below the 56.2k level; this is the worst case scenario possible in my books right now.

#BinanceLaunchpoolTON #BTC☀ #MtGoxJulyRepayments #Bitcoin❗ #MarketDownturn