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MihaiDaniel
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The game is simple for
Bitcoin
, has to break above 69.500$ then is game on to challenge the all time high
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BTC
71,026
+4.86%
550
0
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The market seems to be going through a period known as "Flat Market", a linear market, usually it is a period of consolidation, if we also validate the bull flag on the daily, the first bullish start of the month will follow
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For the moment Bitcoin has a danger on the 4h chart, it's called M pattern, this danger can take the price to $62,000, let's pray that the price rises above $69,000 as soon as possible 🍀
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This is not a crash don’t worry, it is a 12 h time frame normal pool back for Bitcoin , if we don’t break below 64.000$ don’t be afraid! Correction are normal
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200 Moving Average for 1 hour, it is the area of strong support, ideally we should not lose $66,800, if your support is perfect, otherwise it is a sign of weakness, for the moment there is no need to panic, corrections are normal
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When the market is bullish and nothing happens the frustration arises, why doesn't my coin or coins go up, I would like to remind you from the last cycle, ETH from a bottom of 80$ to 4400$, polkadot from 2$ to 50 $ , Uniswap from $1 to $45 and examples are many. At the moment the market is at the starting line, it may rumble loudly but it is not mandatory now!
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